Brazil: Grain production to reach 379 million tons in the next ten years

Published Nov 7, 2024

Tridge summary

A study by Brazil's Ministry of Agriculture and Livestock, in collaboration with the Brazilian Agricultural Research Corporation, predicts a substantial increase in the production of key crops such as soybeans, winter corn, rice, beans, sorghum, and wheat over the next decade. The most significant growth is expected in the planted areas of soybeans (25.1%) and winter corn (24.9%). The production of animal protein is expected to sustain growth due to domestic consumption of corn, bagasse, and soybean oil. Corn production is projected to increase by 32.3%, and soybean production by 52.0 million tons. The consumption of poultry, pigs, and beef is also expected to grow, with poultry seeing the highest growth at +28.4%. Exports of these meats are also anticipated to rise, supported by government agreements with consumer countries.

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

Original content

The projection for Brazilian agricultural production over the next ten years shows significant growth in the main crops, such as soybeans, winter corn, rice, beans, sorghum and wheat. The data comes from the study Agribusiness Projections, Brazil 20203/2024 to 2033/2034, carried out by the Secretariat of Agricultural Policy of the Ministry of Agriculture and Livestock (Mapa), with support from the Brazilian Agricultural Research Corporation (Embrapa). The crops that will have the greatest growth in planted areas are soybeans (25.1%), winter corn (24.9%), wheat (18.4%), rice (+20.3%) and beans (+38.1%). The share of domestic consumption of corn, bagasse and soybean oil sustains the growth in the production of animal protein, maintaining domestic consumption and guaranteeing exports of these proteins, of 24.7 million tons. Corn production will reach 153.1 million tons, with a growth of 32.3%, and an increase of 37.4 million tons, mainly in the winter harvest, following the practice ...

Source: 3tres3