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- (-) February 2019
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Post revised the 2015 outlook for production, consumption and exports of beef and pork, respectively.
Post maintains the 2018/19 marketing year (MY) forecast of just over 36 million hectares (ha) of area planted, but the soybean production forecast is reduced to 115.5 million metric tons (mmt).
Chicken meat production is forecast to grow 1.8 percent in 2019 to nearly 13.6 million metric tons.
This report identifies Brazil’s import requirements for foreign export certificates.
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.