DUBLIN--(http://www.researchandmarkets.com/research/t8364q/brazil_agribusines) has announced the addition of the "Brazil Agribusiness Report Q2 2012" report to their offering.)--Research and Markets (
BMI View: Record grains plantings in Brazil are expected to mitigate the impact of lower yields following recent droughts, and we forecast corn production to increase in 2011/12. However, we expect soybean output to fall, as the soy crop has been more severely affected by La Nina weather phenomenon than corn. We expect production of coffee and sugar to recover strongly in 2012/13 as the country enters the up year of its biennial cycle and as sugar cane yields improve on the back of a government replanting programme. The country's dairy and livestock sectors are still being affected by tight margins and low availability of cattle for slaughter, but we expect strong export demand to continue encouraging production in both sectors.
- Coffee production growth to 2015/16: 11.2% to 53.5mn tonnes. We expect Brazil to continue its dominance in the export market, especially as coffee consumers in emerging markets are often very price sensitive. Increased domestic consumption also could provide a boost to production over the medium term.
- Soybean consumption growth to 2015/16: 18.3% to 46.1mn tonnes. Increases in livestock production and the potential for biodiesel production will drive growth.
- Poultry production growth to 2015/16: 42.0% to 18.2mn tonnes. Strong growth in the poultry industry is expected following production process improvements and strong gains in feed crops such as corn and soybean, making input more affordable. Domestic and export demand will also serve as key drivers over the medium term.
- 2012 real GDP growth: 3.9% (up from 2.7% in 2011; predicted to average 4.0% over 2011-2016).
- Consumer price inflation: 1.1% year-on-year (y-o-y) in February 2012 (down from 1.4% yo-y in February 2011).
- BMI universe agribusiness market value: 5.6% y-o-y decline to US$170.0bn in 2011/12, forecast to average US$187.7bn between 2010/11 and 2015/16.
- S?o Martinho SA
- JBS SA
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