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ATO/Sao Paulo forecasts the Brazilian coffee production for Marketing Year (MY) 2021/22 (July-June) at 56.3 million 60-kg bags, a significant decrease of 19 percent compared to last year’s revised record output of 69.9 million bags.
On April 20, 2021, the Brazilian Ministry of Agriculture announced the Sectoral Plan for Climate Change Adaptation and Low Carbon Emission in Agriculture, called ABC+.
Although the COVID-19 pandemic continues to affect Brazil and its economy, the market presents niche opportunities for high-end beef.
Post kept its forecast for Brazil’s 2015/16 soybean production to a record 98 million metric tons (mmt).