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FAS/Brazil facilitated over US$ 3 million dollars so far in 2016 in U.S. exports of milk powder to Brazil in response to a domestic shortfall.
Post forecasts broiler production to increase by three percent in 2017 to 14 million metric tons as a result of higher world demand for the Brazilian product.
The Brazilian ethanol-use mandate remains unchanged at 27 percent (E27).
A lower than anticipated domestic corn supply is forcing prices up, putting pressure on the pork and poultry sectors, and forcing the government to intervene.
The United States exported 836 million gallons of non-beverage ethanol in 2015, nearly all of which was used for fuel.
Post forecasts Brazil's 2013/14 production to increase slightly, with exports to decrease 55 percent.
Post forecasts Brazil's 2013/14 corn production at a record 76 million metric tons, while exports drop. Modest growth expected in area planted to wheat and rice.
Post forecasts Brazil's 2013/14 soybean production at a record 85 million metric tons.