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- (-) November 2020
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On November 18, the Brazilian National Energy Policy Council published a resolution to allow for the use of imported materials – either raw soybeans or soybean oil - in the production of biodiesel.
The ATO/Sao Paulo coffee production estimate for MY 2020/21 (July-June) remains unchanged at 67.9 million 60-kg bags.
Brazil's consumer inflation has been steadily rising over the summer and into the fall. The increase has, in large part, been fueled by spiking food and beverage prices.
Brazil's Agriculture Ministry (MAPA) issued a normative instruction meant to facilitate imports of genetically modified (GMO) corn and soybeans from the United States.
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.