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The Brazilian orange crop for Marketing Year (MY) 2019/20 is forecast at 382.8 million 40.8-kg boxes (MBx) or 15.6 million metric tons (MMT), a decrease of 19 percent relative to the previous season.
While the Brazilian economy has faltered as a result of the widespread effects of the COVID-19 pandemic, most of the country’s agricultural sector has thrived.
In recent years, India’s exports have demonstrated phenomenal growth – especially to developing countries, which now account for nearly 80 percent of Indian exports.
Post forecasts Brazil’s Marketing Year (MY) 2014/15 cotton area to drop by about 11 percent to one million hectares, compared to the previous MY.
Post forecasts 2015 production and exports of beef to increase by three and ten percent, respectively.