Grain production in Brazil is expected to increase 36.8% over the next ten years, totaling 370.5 million tons in the 2031/2032 harvest. This increase corresponds to a growth rate of 2.7% per year. Cotton, second-crop corn, and soybeans are likely to continue increasing grain production. The numbers are from the study Projections of Agribusiness, Brazil 2021/22 to 2031/32. The internal market, exports, and productivity gains should be the main growth factors in the next decade. The study points to a growth trend with productivity gains, as the grain area is expected to increase by 17% between 2021/22 and 2031/32, rising from 74.3 million hectares in 2021/22 to 86.9 million hectares in 2031/32, which represents an annual increase of 1.6%.
Source: Canal Rural (*Translated by Ia Niani)