Browse Data and Analysis

Continuing economic growth; increasing tourism; a healthy hotel, restaurant, and institutional sector; and a growing population will lead the UAE’s wheat and rice consumption to grow in the 2025-2026 marketing year (MY).

Brazil’s corn planted area and production for MY 2025/26 are expected to increase. Low stocks and strong demand led corn prices to high levels in the domestic market, growing producers’ sowing outlooks.

Corn prices in Brazil have been rising in recent months, driven by factors such as the increased prices in international markets and the devaluation of the Brazilian Real. As a result, corn production for MY 2024/25 (March 2025 – February 2026) is...

With the expected end of the El Niño weather phenomenon, which severely impacted corn productivity this 2023/24 harvest, Post forecasts a year-on-year increase in corn production for MY 2024/25 (March 2025 – February 2026) at 127 MMT.

Brazil consumes over 12 million tons of wheat and wheat-based products per year, which is more than the country's national production of roughly 9.5 million tons.

The Brazilian Government announced the elimination of import taxes on paddy rice (100610), husked/brown rice (100620), and milled rice (100630) for all countries.

In MY 2024/25, Post forecasts imports by the United Arab Emirates (UAE) of all wheat, rice, corn, and barley to increase to meet high local demand. Strong tourism, population growth, and expanding poultry and dairy sectors will drive this demand.

Despite initially optimistic projections for the 2023/24 harvest, the El Niño has negatively impacted the corn and wheat crops. As a result, Post estimates corn production in MY 2023/24 will decrease to 122 MMT.

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).

With Brazil continuing to produce record corn crops, Post forecasts corn production for MY 2023/24 at 131 MMT, up 1.6 percent from the current season. However, falling profit margins and ongoing infrastructure and logistics hurdles may impact the next harvest’s outcome.

Brazilian corn and wheat productions continue to exceed expectations, setting record-breaking harvests. In contrast, Brazil is expected to produce its lowest rice crop in 25 years due to a period of prolonged drought in the south and low profitability for farmers.

Strong tourism, high petroleum rents, and an accompanying economic boom in the United Arab Emirates are forecast to grow the consumptive base and drive imports of wheat and rice higher in the coming marketing year.