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Brazil’s coffee production for MY 2016/17 was revised upward to 56.1 million 60-kg bags, due to better than expected Arabica coffee yields.
This fact sheet is intended to provide a brief overview of Brazil’s market situation for agricultural products.
Post forecasts milk production to decrease by 8 percent in CY 2016 caused by the severe drought faced by the country in 2015/2016.
Post forecasts the 2016/17 soybean production at a record 101 million metric tons. The export forecast for Marketing Year 2016/17 is 57 MMT despite the slower pace of commercialization.
2015/16 wheat production is expected to increase 10 percent to 6.5 million metric tons (mmt) with a return to normal weather.
Post forecasts planted area for cotton on 2015/16 to drop to 950,000 hectares as a result of low global prices and high cost of production.
FAS/Brasilia forecasts 2015/16 soybean production at 94 million metric tons (mmt) despite a drop in planted area to 31.1 million hectares, a decrease of one percent compared to 2014/15.