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The Brazilian orange crop for Marketing Year (MY) 2019/20 is forecast at 382.8 million 40.8-kg boxes (MBx) or 15.6 million metric tons (MMT), a decrease of 19 percent relative to the previous season.
While the Brazilian economy has faltered as a result of the widespread effects of the COVID-19 pandemic, most of the country’s agricultural sector has thrived.
FAS/Brazil facilitated over US$ 3 million dollars so far in 2016 in U.S. exports of milk powder to Brazil in response to a domestic shortfall.
Post forecasts broiler production to increase by three percent in 2017 to 14 million metric tons as a result of higher world demand for the Brazilian product.
The Brazilian ethanol-use mandate remains unchanged at 27 percent (E27).
A lower than anticipated domestic corn supply is forcing prices up, putting pressure on the pork and poultry sectors, and forcing the government to intervene.
The United States exported 836 million gallons of non-beverage ethanol in 2015, nearly all of which was used for fuel.