1、 THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.GOVERNMENT POLICY Required Report:Required-Public Distribution Date:April 03,2025 Report Number:BR2025-0009 Report Name:Grain and Feed Annual Country:Brazil Post:Brasilia

2、 Report Category:Grain and Feed Prepared By:Marcela Formiga Approved By:Frederick Giles Report Highlights:Brazils corn planted area and production for MY 2025/26 are expected to increase.Low stocks and strong demand led corn prices to high levels in the domestic market,growing producers sowing outlo

3、oks.Corn exports are projected to increase in MY 2024/25 and remain stable in MY 2025/26,given the robust demand for corn internally.For the 2024/25 harvest,rice production is anticipated to be robust,encouraging high exports and supporting the 2025/26 planting.Wheat production in 2025/26 is forecas

4、t to reach its second-highest mark in history,following expectations of increased yields through higher crop investments.As a result,imports are forecast to decline based on less internal demand.Meanwhile,the 2024/25 wheat harvest is expected to decrease due to adverse weather affecting yields.CORN

5、Production,Supply,and Distribution Table 1 Production,Supply,and Distribution of Corn Corn 2023/2024 2024/2025 2025/2026 Market Year Begins Mar 2024 Mar 2025 Mar 2026 Brazil USDA Official New Post USDA Official New Post New Post Area Harvested(1000 HA)21,650 21,650 22,300 22,000 22,500 Beginning Sto

6、cks(1000 MT)10,041 10,041 7,458 8,458 4,458 Production(1000 MT)119,000 119,000 126,000 126,000 130,000 MY Imports(1000 MT)1,717 1,717 1,500 1,500 1,600 TY Imports(1000 MT)1,449 1,449 1,400 1,500 1,500 TY Imp.from U.S.(1000 MT)1 1 0 0 0 Total Supply(1000 MT)130758 130758 134958 135958 136058 MY Expor