Browse Data and Analysis

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).

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.