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Brazil is the second-largest producer of biotech crops in the world with 105 events approved. For the 2022/2023 crop season, FAS Brasilia forecasts 68 million hectares planted with GE traits. Adoption rates for soybeans and cotton reached 99 percent and for corn, 95 percent.
Following USDA’s revision of Brazil’s cotton balance sheet, production estimates moved one year ahead, meaning that Marketing Year (MY) 2023/24 cotton is equivalent to production bales entering the market in 2023, and not 2024. Post maintained its...
The biotechnology regulatory system in Ukraine is still not fully developed, but the country is gradually adjusting its domestic policies to align with the European Union’s regulations. Currently no genetically engineered (GE) events are officially...
Post decreases the Brazilian coffee production for Marketing Year 2023/24 (July-June) to 66.3 million 60-kg bags, based on a projected decline in robusta/conilon production. Post forecasts arabica production at 44.9 million bags, a 12.8 percent increase over the previous season, due to an increase in planted area and higher yield.
Brazil has recently started planting its corn crop for the 2023/24 season. However, due to high production costs and lower expected earnings, profit margins are under pressure. As a result, Post predicts a decrease in planted area, with production for the next season estimated to drop from 135 MMT (MY 2022/23) to 130 MMT (MY 2023/24).
Marketing year 2023/24 is expected to be another favorable year for grain production in Ukraine, with production volumes exceeding the ones for the previous year, particularly for corn. Ukraine currently has higher-than-normal beginning stocks for...
Brazil's dairy industry has recently undergone considerable changes to both production and structure of the industry. The change in the dairy sector is the result of Brazilian producers being discontent with the high level of competition from...
Ukraine’s dairy cow inventory decreased drastically after the full-scale Russian invasion in February 2022. The industry had to reduce the number of animals due to supply chain disruptions for raw milk delivery to processing facilities. In 2022...
In 2022, Brazilian foodservice industry revenues reached US$106 billion, an increase of 10 percent over 2021. Brazilian imports of consumer-oriented products grew 20 percent in 2022, ending the year at US$5.2 billion.
Post forecasts Brazil’s marketing year (MY, April – March) 2023/2024 sugarcane crush at 652 million metric tons (MMT), an increase of five percent compared to the final estimate for MY2022/23 (621 MMT).
Dr. Jose Dubeux from the University of Florida gave a series of presentations in Brazil on the Fertilize 4 Life (F4L) Initiative at the end of September.
Post increased its forecast for soybean planted area to 45.4 million hectares for 2022/23, up previously from 45.2 million hectares.