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Fluid milk production in Ukraine continued to decline in 2020/21 due to a decrease in the dairy cow population. Although the number of efficient industrial farms is growing, the majority of milk is produced by less efficient households. Raw milk purchase prices grew significantly in 2020/21.
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.
This report contains updated Marketing Year (MY) 2020/21 and MY2021/22 production, trade, and consumption estimates for Ukraine against those discussed in our Annual grain and feed report (UP2021-0017).
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.