Browse Data and Analysis

Post increased its forecast for soybean planted area to 40.5 million hectares for 2021/22, up from 39 million hectares in 2020/21.

Post estimates milk production in 2021 will decrease by 0.5 percent, to 24.85 million metric tons (MMT). In 2022, production is forecast to grow one percent, reaching 25.1 MMT.

Brazil’s Marketing Year (MY) 2021/22 sugarcane crop is estimated at 590 million metric tons (MMT), a decrease of ten percent compared to the final estimate for MY 2020/21 (657 MMT).

Post forecasts 2021/22 corn harvest at a record 118 million metric tons (MMT), up nearly 40 percent on the disappointing 2020/21 harvest estimated at 85 MMT.

In 2020, the Brazilian Food Service industry was severely impacted by COVID-19 and its turnover was BRL 365 billion (US$70.8 billion), a reduction of 21 percent compared to 2019.

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.