Good Reads

(UPDATED: JUNE 2020)
(SORTED: Newest -> Oldest)

PDF 6.5 MB

Partnership On Agriculture and Food Security

Commodity Intelligence Report

Argentina has Record Area

PDF File 30 Apr 20

Brazilian Commodity Prices Hit Record Levels

Prices for major Brazilian row crops, including soybeans, corn, rice, and wheat, all hit record highs in nominal value in recent weeks. The main reason for the domestic price increase is a steep devaluation of the Brazilian real (BRL). While the BRL has been steadily weakening over the past few years, economic turmoil driven by the coronavirus pandemic has worsened the trend in 2020. As a result, despite the deteriorating economic outlook on the whole, Brazilian grain and oilseed producers are having arguably their most profitable season to date.

Overview of Brazilian Soybean Transportation in 2019

During 2019, Brazil exported 74.1 million metric tons (mmt) of soybeans, 11 percent less than 2018’s total of 83.3 mmt (figure 1)—a decline that also reduced transportation demand.

PDF File 27 Mar 20

KORY MELBY AG BRAZIL: FAS REPORT Oil and Products Update

Oilseeds and Products Update

In 2019/20, Brazil is forecast to reap a record soybean cop of 124.5 million metric tons (mmt). Post
raised slightly the forecast for planted area by 100 thousand hectares to 36.9 million ha. The increase
is based on marginal gains across several states. Post raised the production forecast by one mmt
based on better than initially expected yields in Mato Grosso, and improved productivity expectations
in Rio Grande do Sul and the Northeast. Soybean exports are forecast at 75 mmt for 2019/20, up from
2018/19 estimate of 74 mmt. Post maintains the crush forecast of 44 mmt for 2019/20, driven by the
domestic demand for soy oil. Soy oil exports are forecast to level off dramatically as industry ramps up
biodiesel blending rates to meet the government mandate.

PDF File 6 Feb 20

Grain and Feed Update

MY 2018/19 corn production is estimated at a record 101 MMT, 23 percent higher than the previous harvest, based on record area and yields. MY 2019/20 corn production is also forecast at 101 MMT on expectations of expanded area paired with a return to normal trend yields.

PDF File 8 Jan 2020

Kory Melbly: USDA Oil and Products Update Dec 2019

Oilseeds and Products Update

Brazil is forecast to overtake the United States as the leading soybean producer in the world during the 2019/20 season.

PDF File 27 Dec 19

China - Peoples Republic of
Oilseeds and Products Update
Reduction in China’s Swine Herd Drops Meal Consumption to 4-Year Low

PDF File - Sept 19

Some Brazilian Soybean History

China doesn't need US soybeans, thanks to Richard Nixon
(CNN - Aug 19)

PDF File - 7.41 MB

OUTLOOK FIESP 2026

AgriBusiness Outlook Through 2026

Take a look back.

Oilseeds and Products Update

Soybean Harvest Forecast to Set Another Record, Exports to
Rebound in 2019/20

PDF FILE - JUNE 2019

Oilseeds and Products

Current Soybean Harvest Yields Disappoint, But Swift Recovery Forecast for 2019/20

PDF FILE - APR 2019

Grain and Feed

Livestock and Products Semi-annual
2019 Semiannual Livestock

PDF FILE - FEB 2019

Grain and Feed

Wheat Production Hampered by Dry Conditions and Sporadic Frosts, but Corn Output Set to Soar

PDF FILE - OCT 2018

Oilseeds and Products Update
Record Production and Trade Forecast Amid Favorable Trade
Environment
PDF FILE - OCT 2018

Brazil - Livestock and Products
Annual Livestock 2018
Report Highlights: Post forecasts beef production in 2019 at 10.2 million metric tons, which is an increase of 3 percent. The increase is driven by solid exports, mostly to China and Hong Kong and moderate domestic demand. Posts also forecasts pork production to increase by over 3 percent and reach nearly 3.8 million metric tons, reflecting a rebound in exports, moderate domestic demand and favorable feed costs in 2019. The expected growth of the Brazilian economy in 2019, with declining inflation and unemployment rates support optimism in the animal protein sector in Brazil. Major uncertainties in the near future include the volatility of the exchange rate, end of the year elections and a new federal administration in 2019.

PDF FILE - SEPT 2018

Economic Impact of the Brazilian Trucker Strike

On May 21, 2018, hundreds of thousands of Brazil’s nearly 2 million truck drivers began an 11-day strike to protest high diesel prices, a move that slowed Brazil’s economy, crippled transportation dependent industries, and caused estimated losses of US$ 1.75 billion to Brazil’s agricultural sector. A month after Brazil’s longest trucker strike (and one of the country’s most effective strikes in history), transportation and logistics challenges still persist for Brazil’s exporters, as shipments of Brazilian commodities are still delayed, supply chains are still experiencing bottlenecks, and debate and uncertainty about Brazil’s transportation policies and prices continue to plague the agricultural sector.

PDF FILE - JULY 2018