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Brazil is the world's second-largest producer of biotech crops. Post forecasts a 10-percent increase in area planted to biotech crops in the upcoming 2013/14 Brazilian crop year (October-September).
2015/2016 wheat production is estimated at 5.5 million metric tons (mmt) and is in good condition due to favorable weather in the south of Brazil.
A lower than anticipated domestic corn supply is forcing prices up, putting pressure on the pork and poultry sectors, and forcing the government to intervene.
The United States exported 836 million gallons of non-beverage ethanol in 2015, nearly all of which was used for fuel.
Brazil's limited corn supply is driving domestic prices up and having a significant impact on the pork and poultry sectors.
2015/2016 wheat production is estimated at 5.6 million metric tons (mmt), down 6 percent from the previous year as some producer switch to more profitable crops like corn and soybeans.
The weak Brazilian currency and high inflation, fueled by an uncertain political atmosphere, will have a large impact on all producers in Brazil.
2015/2016 wheat production is estimated at 5.6 million metric tons (mmt), but consumption is down slightly due to higher prices.