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Post forecasts beef production in 2020 at 10.5 million metric tons, which is an increase of 3.4 percent.
Despite Brazil’s recent economic crises, plenty of new craft beer breweries opened in the last decade, offering alternatives to the mass-produced brands.
This report should be read in conjunction with the EU-28 Food and Agricultural Import Regulations and Standards (FAIRS) report written by the U.S. Mission to the EU (GAIN report E42019-0048).
Post’s forecast for MY 2019/20 corn production is 101 MMT, matching the MY 2018/19 volume.
In 2019/20, Brazil is forecast to reap a record soybean cop of 124.5 million metric tons (mmt).
Brazil is the second-largest producer of biotech crops in the world with a total of 107 events approved.