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- (-) February 2016
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Post kept its forecast for Brazil’s 2015/16 soybean production to a record 98 million metric tons (mmt).
Post estimates that apple production will decrease slightly in CY2014 as a result of unfavorable weather conditions and a reduction in planted area.
Brazil’s Inter-Ministerial Chamber on International Trade (CAMEX) has just established a tariff rate quota (TRQ) on sardines for 30,000 tons with an import duty of 2 percent.
Post forecasts broiler production to increase by 5 percent in 2015 to 13.3 million metric tons as a result of lower feed costs and higher exports due to the depreciation of the Brazilian currency.