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Post forecasts 2017/18 production at 112.5 million metric tons (mmt), Brazil’s second largest crop after the record set on the previous season.
2017/2018 corn production is forecast lower at 92 million metric tons (MMT), mainly due to reduced area for first- and second-crop corn and an expected return to normal yields.
Post forecasts Brazil's 2014 production and exports of beef to increase by 2.5 and 6 percent, respectively.
Post forecasts Brazilian broiler production to rebound by 3 percent in 2014 to 13.1 million metric tons as a result of lower feed costs and higher exports.