Brazil should produce 390 million tons of grains in ten years, growth of 24.1%

Published 2023년 7월 20일

Tridge summary

Brazil's Ministry of Agriculture predicts that the country will produce 390 million tons of grains in the next ten years, representing a growth of 24.1%. This increase will primarily be driven by soybean, corn, and cotton crops, with an estimated annual increase rate of 2.4%. However, rice and bean production are expected to decline over the next decade.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

By Isadora Duarte Brasília, 07/20/2023 - Brazil should produce 390 million tons of grains in the next ten years, predicts the Ministry of Agriculture in the study "Agribusiness Projections, Brazil 2022/23 to 2032/33", released this Thursday. The result tends to be achieved in the 2032/33 season and will represent, if confirmed, a growth of 24.1%, or 77.5 million tons, compared to the 2022/23 season, in which 313.8 million tons should be harvested. According to the folder, the increase will be driven mainly by soybean, corn second crop and cotton crops and should occur at an increase rate of 2.4% per year and leveraged by higher productivity. The ministry estimates that the area planted with grains in the country should increase from the current 77.5 million hectares, according to a May Conab survey, to 92.33 million hectares in the 2032/33 harvest, an increase of 19.1%. The study was produced by the Ministry's Agricultural Policy Secretariat and the Brazilian Agricultural Research ...
Source: Broadcast

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