AGRICULTURAL STORAGE CAPACITY REACHES 177.7 MILLION TONS

The storage capacity of agricultural products in Brazil reached 177.7 million tons in the second half of 2019. This is shown by the Inventory Survey, released on Tuesday (09) by the Brazilian Institute of Geography and Statistics (IBGE). The study raises information about the volume and geographic distribution of stocks of basic storable agricultural products, informs “Agência Brasil”. The increase in capacity was 1.3% over the previous semester. Stocked products totaled 26.5 million tonnes, 2.3 million tonnes more than on December 31, 2018. The largest stocked volume is corn, with 11.9 million tonnes, followed by soybean (5 , 5 million), wheat (4.1 million), rice (1.7 million) and coffee (1.0 million). Together, these products represent 91.6% of the total inventory monitored by IBGE in the survey. The remaining 8.4% are cotton, black beans, colored beans and other grains and seeds. Maize stocks grew by 6.8% and soybeans increased by 0.7%, compared to the second half of 2018. The stocks of rice (-21.2%), coffee (-19%) decreased ) and wheat (-2.2%). The main type of storage in the country is the silo, which increased by 2.2% compared to the first half of 2019. They represent 48.7% of the total capacity, reaching 86.6 million tons. In second place are the bulk and bulk warehouses, which maintained a total capacity of 66.7 million tons, responsible for 37.5% of national storage. Conventional, structural and inflatable warehouses represent 13.8% of the country’s storage capacity, with a total of 24.5 million tons of agricultural products, an increase of 1.7% over the first half of 2019.

Source: Universo Agro / DATAGRO