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Post increased the 2024/25 forecast for soybean planted area expansion in Brazil to 47 million hectares (HA) and soybean production to 165 million metric tons (MMT). This season sowing began optimistically, with most soybeans planted on time compared to last year.
The Brazilian orange crop for Marketing Year (MY) 2024/25 is forecast at 320 million 90-pound boxes (MBx) - standard reference, equivalent to 13 million metric tons (MMT), a decrease of 15 percent compared to the previous Post estimate for MY 2023/24 (378 million boxes or 15.42 MMT).
Corn prices in Brazil have been rising in recent months, driven by factors such as the increased prices in international markets and the devaluation of the Brazilian Real. As a result, corn production for MY 2024/25 (March 2025 – February 2026) is...
In 2024, Brazil surpassed the United States in cotton production and exports for the first time on record. Brazil's MY2024/25 planted area is also estimated to reach a new record. Favorable prices compared to corn as well as lower production costs have boosted cotton's profitability, making it the preferred choice for second crop planting.
Post forecasts 2021/22 cotton area planted at 1.45 million hectares (ha), an increase from the current harvest, but lower than the previous forecast.
On August 30, 2021, the Brazilian Ministry of Agriculture, Livestock, and Food Supply (MAPA) published the new Dairy Certificate model for U.S. exports into Brazil.
Post forecasts production at 14.72 million tons in 2022, growing three percent due to strong external demand and increased domestic consumption, both of which reached historical records this year.
The Brazilian Low Carbon market framework has successfully been set. Renovabio was implemented in late 2019 and has progressed well.
On August 28, 2021, the Brazilian Ministry of Agriculture, Livestock, and Food Supply (MAPA) began accepting the new Export Certificate model for U.S. exports of beef, beef products, and bovine offal into Brazil.