As Brazil advances in grain production, import of inputs grows

Published 2021년 2월 16일

Tridge summary

Brazil imported a record 2.7 million tons of fertilizers last month, a 38% increase from January 2020, as it seeks to increase grain harvest and reduce its reliance on other countries for agricultural production. The country's grain production is expected to rise to 268 million tons this year, up from under 200 million five years ago. However, this expansion has increased Brazil's dependence on imports of harvesters, agrochemicals, and other necessary products, with total spending on these imports reaching US $ 291 million and R $ 8.8 billion, respectively, in the last three years. The main suppliers of these products were the United States, China, and India.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The increase in planted area and the search for greater productivity made the country import a record 2.7 million tons of fertilizers last month. The increase in the grain harvest increases the Brazilian external dependence on a series of products necessary for agricultural production. This is part of the free market, but the country, due to its size in the world food supply, should develop specific policies to reduce this dependence and increase the world participation in the supply of inputs and machinery. National grain production is rising rapidly and is expected to reach 268 million tons this year. Five years ago, it was under 200 million. Coffee production already exceeds 60 million bags in the years of favorable bienniality, leaving behind the volume of 50 million from five harvests. Sugarcane production, although moving more slowly than imagined, is already close to 700 million tons in the 10 million hectares cultivated. One of the Brazilian dependencies is that of ...
Source: Brasilagro

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