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Brazil’s MY 2017/18 sugarcane crush is estimated at 645 mmt, a one percent decrease compared to the previous season due to irregular weather conditions in some growing areas....
Record corn production at 93 million metric tons (mmt) and low commodity prices will increase corn stocks in 2017/2018 and could encourage government intervention.
Post forecasts cotton planted area for 2017/18 to increase to one million hectares based on higher prices and domestic demand.
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.