Browse Data and Analysis

Brazil's limited corn supply is driving domestic prices up and having a significant impact on the pork and poultry sectors.

2015/2016 wheat production is estimated at 5.6 million metric tons (mmt), down 6 percent from the previous year as some producer switch to more profitable crops like corn and soybeans.

The Brazilian orange crop for 2016/17 is forecast at 351.7 million boxes, down 14 percent from the previous crop, due to weather-related problems during blossoming and fruit setting.

Agriculture has always played a critical role in Brazil’s economy, serving as a primary source of revenue and central generator of employment.

Brazil’s MY 2016/17 sugarcane crush is estimated at 680 mmt, a two-percent increase compared to the previous season due to good weather conditions that favored steady development of sugarcane stocks.

Post forecasts cotton planted area for 2016/17 to increase to 980,000 hectares based on higher domestic prices and export demand.

The weak Brazilian currency and high inflation, fueled by an uncertain political atmosphere, will have a large impact on all producers in Brazil.

Post forecasts 2016/17 soybean production at 103 million metric tons (mmt), an increase of three percent compared to the current season.

Excise Tax on Industrialized Products (IPI) on alcoholic beverages was changed from an ad rem to an ad valorem system.