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- (-) November 2023
- (-) March 2015
- (-) Brazil
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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).
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).