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- (-) May 2021
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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.
Although early indications were for a near-record New Zealand apple crop in 2020/2021, a number of factors have tempered expectations.
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.
Despite a declining national dairy herd, New Zealand milk production continues to rise and is forecast to reach a record in 2021.