The Brazilian Ministry of Agriculture is forecasting a 93pc increase in beef exports during the next 10 years, accounting for 61pc of total world beef trade, up from the current 31pc.
It's also forecasting a 49pc increase in production, to 15.5 million tonnes cwt.
Despite the projected huge surge in exports, beef is forecast to record the slowest export growth, with an annual average growth of 3pc - after chicken’s 5.6pc and pork’s 4.9pc growth.
Cropping area for the 10 major crops is forecast to increase by 19pc, to 60.7 million/ha, with rice, soy beans and wheat being the fastest growing crops.
Soy beans are expected to account for 44pc of the planted area, followed by corn with 27pc.
As a result of the large increase in land used for more profitable crops, cattle raising is expected to continue its displacement to less productive areas, especially in the north and west of the country – raising doubts about the forecast beef production growth.
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