Brazil: Brazilian Agricultural Production and Trade Long-Term Projections
The Brazilian Ministry of Agriculture’s Supply Management Company (CONAB) released long-term projections for production, supply, and demand for agricultural and livestock products. An analysis of those projections and comparison with long-term projections released by USDA shows similar expectations for robust growth in corn and soybean exports through 2028/29. CONAB projects soybean and corn area and production to continue to expand at impressive rates, though less than the growth seen over the past decade.
Brazil: Brazilian Agricultural Production and Trade Long-Term Projections