Brazil: Soybean production should total 145.0 million tons in 2023

Published 2023년 3월 10일

Tridge summary

According to the Brazilian Institute of Geography and Statistics (IBGE), Brazil's agricultural output is projected to experience mixed changes in 2023. Soybean production is expected to significantly increase by 21.3% to 145.0 million tons, while corn production is also expected to rise by 10.2% to 121.4 million tons. Herbaceous cotton production is anticipated to see a slight increase of 1.4% to 6.8 million tons. However, wheat production is predicted to decrease by 13.8% to 8.7 million tons, and rice production is also expected to decrease by 6.0% to 10.0 million tons compared to the previous year.

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

Original content

Brazil should harvest more soybeans and corn this year, but less wheat and rice, according to data from the Systematic Survey of Agricultural Production in February, released today by the Brazilian Institute of Geography and Statistics (IBGE). Soybean production should add up to 145.0 million tons, an increase of 21.3% compared to last year's output. The national corn production was estimated at 121.4 million tons, with growth of 10.2% compared to 2022. to 2022. Corn 2nd crop should total 92.7 million tons, an increase of 9.4% compared to 2022. Herbaceous cotton should reach a production of 6.8 million tons, an ...

Source: Suinoculturaindustrial