Brazil: Oilseeds and Products Annual

  |   Attaché Report (GAIN)   |   BR2024-0003

Contact:

Office of Agricultural Affairs, Brasilia   |   (011-55-61) 3312-7101

Link to report:

Brazil: Oilseeds and Products Annual
Post forecasts that Marketing Year (MY) 2024/25 planted area will expand at a slower growth rate, reaching 45.6 million hectares (ha). Post forecasts MY 2024/25 production at 157.5 million metric tons (MMT), 4.9 MMT more than the revised estimate in MY 2023/24. Due to poor weather in the end of 2023, Post estimates Brazil’s yields to reduce by seven percent compared to MY 2022/23. Exports are forecasted at 99 MMT in MY 2024/25 mostly due to a solid international demand. Post forecasts crush at 55 MMT in 2024/25 considering a higher biofuels blend mandate. Peanuts area and production are also forecasted to grow due to higher margins. Cottonseed area and production should reach record levels as cotton has been offering a higher rentability than corn.
Western Hemisphere, Brazil
Oilseeds, Soybeans, Oilseeds (excl. soybean)

Database Source:

Related Reports

View More
Attaché Report (GAIN)

European Union: European Union Finalizes New Rules for Packaging and Packaging Waste Reduction: TEST EDIT

In March 2024, the Council of the European Union and European Parliament concluded negotiations on the EU’s Packaging and Packaging Regulation. The current text is going through a legal review but is now de-facto final and is expected to be formally adopted in the coming months. TEST EDIT
Attaché Report (GAIN)

Canada: Canada Implements a Federal Plastics Registry

On April 22, 2024, Canada announced the implementation of a Federal Plastic Registry to monitor the types and volumes of plastic products, including plastic packaging used in agriculture and food manufacturing, through their life cycle on the Canadian market.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Rice export prices increased one percent as exporters are securing rice supplies to fulfill contracted shipment despite the weakening of the Thai baht.