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- (-) October 2018
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The Government of Ukraine (GoU) abolished the existing sugar quota regime, which was coupled with price supports in the form of minimum prices for both refined sugar and sugar beets.
Fluid milk production in Ukraine is expected to decline slightly in 2018 and 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.
This report contains revised production and trade forecasts for MY2018/2019, as well as updated trade estimates for MY2017/2018.
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.