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The Brazilian orange crop for Marketing Year (MY) 2023/24 is forecast at 408 million 40.8-kg boxes (MBx) - standard reference, equivalent to 16.5 million metric tons (MMT), a decrease of 1.03 percent compared to the estimate of current crop MY 2022/23 (around 412.3 million boxes or 16.67 MMT), due to the incidence of greening, which has been affecting Brazil’s citrus belt.
Brazil continues to offer excellent export opportunities for U.S. companies. In 2022, Brazil’s imports of consumer-oriented agricultural products were US$5.2 billion, an increase of 20 percent compared to the previous year.
Post revises down MY 2023/24 soybean production to 158.5 MMT due to poor weather outlooks resulting from El Niño, particularly in the Centre West states, which may affect final yields currently projected at 3.507 kg/ha.
Post forecasts Brazil’s 2018/19 marketing year (MY) cotton area to reach 1.4 million hectares (ha), an increase of 19 percent compared to the previous MY.
Researchers at Texas A&M University, along with USDA Economic Research Service agricultural economist Constanza Valdes, recently published a study on Brazil’s potential as a customer and competitor...
ATO/São Paulo revised production upward 5 percent from the record Brazilian coffee crop for Marketing Year (MY) 2018/19 (July-June) to 63.4 million 60-kg bags, due to better agricultural....
Post revised all dairy tables for calendar year 2018 to reflect problems suffered by dairy producers.
Brazil’s GDP reached R$6.6 trillion (US$2 trillion) in 2017. This represented not only an increase of 1 percent growth, but also a way out of the recession that hit Brazil in 2014.
Market year 2018/19 corn production is forecast higher at 95 MMT based on an expected return to normal yields and expanded safrinha area in response to higher prices.
Brazil’s MY 2018/19 sugarcane crush has been revised down to 610 million metric tons (mmt), due to dry weather in the major growing areas of São Paulo and Parana during the harvest season.
Post forecasts 2018/19 production at 123 million metric tons (mmt), a 3 percent increase on the previous season.
Post forecasts beef production in 2019 at 10.2 million metric tons, which is an increase of 3 percent.