News

Brazil: Agriculture defies pessimism

Brazil
Published May 17, 2022

Tridge summary

The Brazilian agricultural harvest is an encouraging fact in an economy that does not grow and in a world market in turmoil. In a world food market troubled by the effects of the war in Ukraine, with the interruption of supply of some of the main items of the agricultural sector and the explosive rise in prices, Brazilian agriculture continues to show very positive signs.

Original content

In the Brazilian economy, it is the segment in which, for some time, the general result has been prevented from being even worse than what is observed and, at the same time, ensures, along with mineral products, the good results of the trade balance. The most recent estimate of grain production made by the National Supply Company (Conab) is a harvest of 271.8 million tons in the 2021/2022 harvest, a volume 6.4% higher than that harvested in the previous harvest (255.5 millions of tons). The result of this eighth survey is smaller than that of the first estimate, but it is higher than that of the previous survey. In comparison with the seventh survey, the gain of 0.9% (or 2.5 million tons) is explained by the increase in second-crop corn area and better development at the end of the rice, corn and soybean crop cycle. , according to Conab. At the end of April, the first harvest crops were practically finished, the second harvests were between the growing and harvesting phase and the ...
Source: Brasilagro
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