Brazil should hit a new record in agricultural production in the current harvest

Published 2022년 6월 8일

Tridge summary

Brazil is set to surpass its grain harvest records with an estimated production of 271.3 million tons, a 6.2% increase from the previous season, and 263 million tons, a 3.8% rise from the previous year, according to the National Supply Company (Conab) and the Brazilian Institute of Geography and Statistics (IBGE). This growth is primarily due to the performance of corn, wheat, and soybean production, despite challenges like low rainfall and cold weather. The total cultivated area has also seen an increase. Additionally, wheat production is expected to reach a new record.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Brazil is heading towards the conclusion of the 2021/2022 grain harvest and the expectation is for a new record, both in the estimates of the National Supply Company (Conab) and the Brazilian Institute of Geography and Statistics (IBGE). In the case of Conab, the 9th Grain Harvest Survey, released this Wednesday (06/08), points to an estimated production of 271.3 million tons. The volume represents an increase of 6.2% over the previous season, which means about 15.8 million tonnes. The 5th Systematic Survey of Agricultural Production (LSPA), released by the IBGE also this Wednesday, predicts a record production of cereals, legumes and oilseeds estimated at 263 million tons, 3.8% above that obtained in 2021, when they were 253.2 million tons of grain were harvested. According to the IBGE, the growth in the estimate is explained by the performance of corn, wheat and soybean production. Corn, with the sum of its two crops, should total 112 million tons. It is a growth of 27.6% in ...

Source: GovBr