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Post forecasts above-trend expansion for the 2020/21 season, with planted area at 38.5 million hectares (ha) and production at 130 million metric tons (MMT).
Post maintains its corn production forecast for market year (MY) 2019/20 (March 2020 – February 2021) at 100 MMT, based on poor yields in the southern states of Rio Grande do Sul and Parana...
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.