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Brazil’s MY 2017/18 sugarcane crush is estimated at 645 mmt, a one percent decrease compared to the previous season due to irregular weather conditions in some growing areas....
Record corn production at 93 million metric tons (mmt) and low commodity prices will increase corn stocks in 2017/2018 and could encourage government intervention.
Post forecasts cotton planted area for 2017/18 to increase to one million hectares based on higher prices and domestic demand.
Post forecasts both beef and pork production to increase in 2017 to 9.6 million metric tons and 3.8 million metric tons, respectively.
Post forecasts broiler production to increase by four percent in 2017 to 13.4 million metric tons as a result of higher world demand for the Brazilian product.