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The 2014/15 soybean production forecast is maintained at 94 million metric tons (MT) despite slow pace of plantings in Mato Grosso.
The Brazilian MY 2014/15 sugarcane crop is estimated at 619 mmt, down 5 mmt from MY 2013/14, mainly due to weather related problems in the center-southern producing region.
Post forecasts fluid milk production to increase by 3 percent in 2014, supported by relatively strong domestic demand.
The Brazilian MY 2014/15 sugarcane crop is estimated at 619 mmt, down 5 mmt from MY 2013/14, mainly due to weather related problems in the center-southern producing region.
A record Brazilian soybean crop of 94 million metric tons (mmt) is forecast for the 2014/15 marketing year (MY) as a result of increased planted area.
2014/2015 wheat production is forecast at a record 7.5 mmt, up 30 percent from the previous year.
The proposed reduction in the U.S. Renewable Fuels Standard for 2014 draws a mixed reaction from Brazilian industry, including the possibility of a legal challenge. Brazil: Biofuels
Although Brazil is a major agricultural producer, there are opportunities for U.S. companies to gain a share of Brazil’s $4.2 billion consumer-oriented food product market.