Brazil: Grain and Feed Update

  |   Attaché Report (GAIN)   |   BR2022-0044

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Office of Agricultural Affairs, Brasilia   |   (011-55-61) 3312-7101

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Brazil: Grain and Feed Update

Post increased its corn production forecast for Marketing Year (MY) 2022/23 to 120 million metric tons (MMT) based on strong demand, increased prices in the domestic and international markets, and diminishing uncertainty over the availability of fertilizers. For MY 2021/22, Brazil’s corn planted area is set to reach new records. Post revised its estimated rice harvest area to 1.62 million hectares for MY 2021/22 because of a decrease in rainfed rice and an increase in cost of production. Post forecasts that Brazil's planted area for wheat for 2022/23 will increase by 18% over 2021/22 to 3.2 million hectares because of the conflict in Ukraine and rising global wheat prices.

Western Hemisphere, Brazil
Grains, Feeds and Fodders, Coarse Grains (excl. corn), Milled Grains & Products, Rice, Wheat

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