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Marketing year (MY) 2021/22 area harvested for rice in Senegal, Guinea, Burkina Faso, and Mali is expected to increase about 9 percent to 3.35 million HA as movement restrictions are eased in Guinea, planted area rebounds from flooding, and financing and input access for farmers increases.
Brazil’s Marketing Year (MY) 2021/22 sugarcane crop is estimated at 635 million metric tons (mmt), a decrease of three percent compared to the final estimate for MY 2020/21 (657 mmt).
With about two-thirds of the Brazilian population on social media, Brazil is home to over 140 million social media users.
Marketing year (MY) 2021/22 (August to July) area for Mali, Burkina Faso, and Senegal is expected to rebound 77 percent to 1
Post forecasts that Brazilian producers will expand soybean planted area to reach 40 million hectares (ha) in 2021/22 season, up from the estimated 38.5 mn ha planted in the 2020/21 season.
Post maintains its corn production forecast for MY 2020/21 (March 2021–February 2022) at 105 million metric tons (MMT), based on the smaller-than-expected first crop of corn paired with widespread delayed planting of second-crop “safrinha” corn.
Brazil continues to present opportunities for U.S. exporters of ingredients, with its food processing industry market estimated in 2020 at $152 billion, an increase of 12.7 percent compared to the previous year.
For 2021/22, Post forecasts cotton planted area to rebound 11 percent compared to the current season, to 1.6 million hectares.