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Post forecasts Brazil’s 2018/19 marketing year (MY) cotton area to reach 1.4 million hectares (ha), an increase of 19 percent compared to the previous MY.
Post forecasts 2017/18 production at 112.5 million metric tons (mmt), Brazil’s second largest crop after the record set on the previous season.
2017/2018 corn production is forecast lower at 92 million metric tons (MMT), mainly due to reduced area for first- and second-crop corn and an expected return to normal yields.