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ATO/Sao Paulo forecasts the Brazilian coffee production for Marketing Year (MY) 2021/22 (July-June) at 56.3 million 60-kg bags, a significant decrease of 19 percent compared to last year’s revised record output of 69.9 million bags.
On April 20, 2021, the Brazilian Ministry of Agriculture announced the Sectoral Plan for Climate Change Adaptation and Low Carbon Emission in Agriculture, called ABC+.
Although the COVID-19 pandemic continues to affect Brazil and its economy, the market presents niche opportunities for high-end beef.
In 2018, Brazil’s food processing industry amounted to US$179 billion, positioning Brazil as one of the major global players in the sector.
Brazil’s MY 2019/20 sugarcane crush is estimated at 627 mmt, a relatively similar output compared to the MY 2018/19 crop (620 mmt).
Following several years of economic and political upheaval, Brazil closed out 2018 on a more even footing.
MY 18/19 corn production is forecast at 95 MMT, 18 percent higher than MY 17/18, on expanded area and excellent conditions for the safrinha crop.
Post forecasts that Brazil will maintain its position as an oilseed production powerhouse in the 2019/20 marketing year.
Post forecasts Brazil’s 2019/20 marketing year (MY) cotton area to reach 1.65 million hectares (ha), an increase of 5 percent compared to the current MY estimate of 1.57 million ha.