Browse Data and Analysis

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.

The Brazilian economy grew by 2.9 percent, largely supported by household consumption, which advanced 4.3 percent in the year despite inflation challenges. The labor market recovery continued as unemployment dropped to 7.9 percent by December 2022.

Post forecasts the Brazilian coffee production for Marketing Year 2023/24 (July-June) at 66.4 million 60-kg bags, an increase of 3.8 million bags compared to the previous crop. Post forecasts arabica production at 44.7 million bags, an increase of 12 percent from the previous season due to favorable weather conditions in growing regions.

In the past decade, one of the most apparent trends agricultural trade patterns has been the growth in agricultural trade between developing countries or so-called “South-South trade.”

Post revised the 2015 outlook for production, consumption and exports of beef and pork, respectively.

A more difficult economic environment is expected slow growth in the poultry sector.

Post kept its forecast for Brazil's 2014/15 soybean production at a record of 93 million metric tons (MT).