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Post increased its forecast for soybean planted area to 40.5 million hectares for 2021/22, up from 39 million hectares in 2020/21.
Post estimates milk production in 2021 will decrease by 0.5 percent, to 24.85 million metric tons (MMT). In 2022, production is forecast to grow one percent, reaching 25.1 MMT.
Brazil’s Marketing Year (MY) 2021/22 sugarcane crop is estimated at 590 million metric tons (MMT), a decrease of ten percent compared to the final estimate for MY 2020/21 (657 MMT).
Post forecasts 2021/22 corn harvest at a record 118 million metric tons (MMT), up nearly 40 percent on the disappointing 2020/21 harvest estimated at 85 MMT.
In 2020, the Brazilian Food Service industry was severely impacted by COVID-19 and its turnover was BRL 365 billion (US$70.8 billion), a reduction of 21 percent compared to 2019.
From May through September 2014, FAS Brasilia staff visited six of Brazil’s nine states which make up ‘’Amazonia Legal," a political-administrative region situated in the northern half of Brazil.
Post forecasts 2014/15 area planted to cotton at one million hectares with cotton production reaching 6.9 million bales (1.5 million metric tons).
Post reduced its 2014/15 production forecast to 92 mmt, still a record, based on a lower national yield.
Brazilian coffee production for 2014/15 was revised upward to 51.2 million 60-kg bags, but still off 3.3 million bags from the previous year.