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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 broiler production to increase by 5 percent in 2016 to nearly 13.5 million metric tons as a result of stable feed costs and higher exports...
In February 2015, the government of Brazil (GOB) raised federal taxes (CIDE and PIS/COFINS) on gasoline to R$ 0.22 /liter, which increased the competiveness of ethanol relative to the fossil fuel.
Brazil is the second largest producer of biotech crops in the world. Post forecasts an increase of three percent in area planted to biotech crops during the upcoming 2015/16 Brazilian crop year.
Minister of Agriculture Kátia Abreu discussed expanding beef, poultry, dairy, fruit, and wheat trade with Russia, Myanmar, Japan, South Africa, and Argentina.
On July 8th, Minister of Agriculture Katia Abreu met with the Russian Minister of Agriculture during a trip to Moscow to discuss agricultural cooperation.