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Brazilian exports of chicken and pork continue to perform well but falling domestic sales remain a concern for the industry.
Brazil's rice production has been revised upwards given the increased demand generated by Covid-19 outbreaks.
The Rosario Stock Exchange has revised Argentine corn output up by 1.2 million tonnes and soy by 200,000 tonnes for the 2019/20 season, in its May monthly report compared to its April estimate.
Mexico has lifted its barriers for Brazilian rice imports as COVID-19 limits supplies from the US.
Brazil’s beef sector is increasingly focused on selling to China, where Covid-19 market disruption is easing just as it worsens in South America.
Brazilian cocoa production saw moderate rises in the 2019/20 season, mostly driven by key producing state Pará.