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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.
MY 2021/22 coffee production is expected to increase by 3.7 percent to 1.4 million bags due to increased fertilizer use, improved extension services, and an anticipated high-producing period of the crop-bearing cycle.
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.