Conab estimates the 2021/22 grain harvest at 289.6 million tons in Brazil

Published 2021년 8월 26일

Tridge summary

The National Supply Company (Conab) has predicted a total grain production of 289.6 million tons for the 2021/22 harvest, despite challenges like climate adversities and the COVID-19 pandemic. The country is expected to set new records in soy and corn production, remaining the world's leading producer and exporter of oilseed. Corn yield is set to recover by 29% following last year's decline, leading to increased export prospects. Rice production is projected to slightly increase, while bean production is expected to rise due to improved productivity. Cotton demand, a strong dollar, and reduced US production have led to a significant increase in international prices, allowing Brazil to achieve record exports.

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

Original content

The National Supply Company (Conab) released, this Thursday (26), the Perspectives for Crop Agriculture 2021/22 - Grains Edition, a publication that brings the main market variables and trends for soy and rice crops, beans, cotton and corn. The data point to a total production of 289.6 million tons of grain in the 2021/22 harvest. Even with the difficulties faced in the field, due to climatic adversities and the covid-19 pandemic, the publication points out, in general, the maintenance of prices at remunerative levels for the main crops, in addition to a new record in soy production (141.3 million t) – keeping Brazil as the largest producer and exporter of oilseed in the world – and a record corn production (115.9 million t). Another highlight is the projection for a 29% yield recovery for corn, after a year marked by a decline due to climatic factors. In addition, a recovery of corn ticket stocks is expected, ending the next cycle at 9.9 million t. The projection is for a ...

Source: Agroemdia