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ATO/Sao Paulo projects Brazilian coffee production for Marketing Year (MY) 2019/20 (July-June) at 59.30 million 60-kg bags, a 5.5 million bags drop compared to record historical production....
Post revised all dairy tables for calendar year 2018 to reflect problems suffered by dairy producers.
Brazil’s GDP reached R$6.6 trillion (US$2 trillion) in 2017. This represented not only an increase of 1 percent growth, but also a way out of the recession that hit Brazil in 2014.
Market year 2018/19 corn production is forecast higher at 95 MMT based on an expected return to normal yields and expanded safrinha area in response to higher prices.
Brazil’s MY 2018/19 sugarcane crush has been revised down to 610 million metric tons (mmt), due to dry weather in the major growing areas of São Paulo and Parana during the harvest season.
Post forecasts 2018/19 production at 123 million metric tons (mmt), a 3 percent increase on the previous season.