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  • Brazil slashes cashew production forecast

    Dec 23rd, 2015

    Brazil’s statistical agency IBGE cut its national cashew nut production forecast by 20.94% to 154,105 tons in November, down from the previous 194,916 tons estimate published in the organisation's October report.

    The new forecasted production for 2015 is now 43.01% more than the 108,713 tons that growers in the country harvested last year, although the final IBGE harvest estimate in only due in January 2016.“It seems that there will be a [further]…