Browse Data and Analysis

Post decreases the Brazilian coffee production for Marketing Year 2023/24 (July-June) to 66.3 million 60-kg bags, based on a projected decline in robusta/conilon production. Post forecasts arabica production at 44.9 million bags, a 12.8 percent increase over the previous season, due to an increase in planted area and higher yield.

Brazil has recently started planting its corn crop for the 2023/24 season. However, due to high production costs and lower expected earnings, profit margins are under pressure. As a result, Post predicts a decrease in planted area, with production for the next season estimated to drop from 135 MMT (MY 2022/23) to 130 MMT (MY 2023/24).

On November 18, the Brazilian National Energy Policy Council published a resolution to allow for the use of imported materials – either raw soybeans or soybean oil - in the production of biodiesel.

The ATO/Sao Paulo coffee production estimate for MY 2020/21 (July-June) remains unchanged at 67.9 million 60-kg bags.

Brazil's consumer inflation has been steadily rising over the summer and into the fall. The increase has, in large part, been fueled by spiking food and beverage prices.

Brazil's Agriculture Ministry (MAPA) issued a normative instruction meant to facilitate imports of genetically modified (GMO) corn and soybeans from the United States.