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Brazil’s coffee production for MY 2016/17 was revised upward to 56.1 million 60-kg bags, due to better than expected Arabica coffee yields.
This fact sheet is intended to provide a brief overview of Brazil’s market situation for agricultural products.
Post forecasts milk production to decrease by 8 percent in CY 2016 caused by the severe drought faced by the country in 2015/2016.
Post forecasts the 2016/17 soybean production at a record 101 million metric tons. The export forecast for Marketing Year 2016/17 is 57 MMT despite the slower pace of commercialization.
FAS/Brazil facilitated over US$ 3 million dollars so far in 2016 in U.S. exports of milk powder to Brazil in response to a domestic shortfall.
Post forecasts broiler production to increase by three percent in 2017 to 14 million metric tons as a result of higher world demand for the Brazilian product.
The Brazilian ethanol-use mandate remains unchanged at 27 percent (E27).
A lower than anticipated domestic corn supply is forcing prices up, putting pressure on the pork and poultry sectors, and forcing the government to intervene.
The United States exported 836 million gallons of non-beverage ethanol in 2015, nearly all of which was used for fuel.