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Vladimir Pekic is a freelance journalist who writes for both IEG Policy and IEG Vu. He has many years’ experience covering a wide range of agri-food and commodity topics across Europe and Latin America.
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Latest From Vladimir Pekic
Brazil’s sugar output is predicted to rise 2.3% per year in the period between 2016/17 and 2026/27 until reaching a new high of 45.50 million tonnes of sugar, according to a new mid-term forecast for the country’s agri-industry prepared by Brazil’s Ministry of Agriculture, Livestock Production and Supplies (MAPA).
International palm oil prices are starting to feel the heat from an expected record global production volume in 2017/18, which at 66.86 million tonnes will be almost 5 mln tonnes more than the previous palm oil record from 2016/17.
The Brazilian rice market continued to suffer from low liquidity in the week ending August 4, according to Brazil’s National Supply Company (CONAB).
Brazilian coffee exports have weakened so far this year, however, there is optimism about a possible improvement of the export performance later in the year, in light of a better harvest production forecast.
The Brazilian Vegetable Oil Industry Association (ABIOVE) once again raised its forecast for soy production in the country to 113.80 million tonnes, an increase of 0.5% from the previous forecast announced a month.