Browse Data and Analysis

In 2018, Brazil’s food processing industry amounted to US$179 billion, positioning Brazil as one of the major global players in the sector.

Brazil’s MY 2019/20 sugarcane crush is estimated at 627 mmt, a relatively similar output compared to the MY 2018/19 crop (620 mmt).

Following several years of economic and political upheaval, Brazil closed out 2018 on a more even footing.

MY 18/19 corn production is forecast at 95 MMT, 18 percent higher than MY 17/18, on expanded area and excellent conditions for the safrinha crop.

Post forecasts that Brazil will maintain its position as an oilseed production powerhouse in the 2019/20 marketing year.

Post forecasts Brazil’s 2019/20 marketing year (MY) cotton area to reach 1.65 million hectares (ha), an increase of 5 percent compared to the current MY estimate of 1.57 million ha.

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.