BRAZIL: GRAIN CROPS TO GROW 4% IN 2021/22, DATAGRO SAYS

The area planted with cereals and oilseeds in the 2021/22 season is expected to reach 72.45 million hectares, a growth of 4.1% compared to the previous season. The data were released on Thursday, 30 by Datagro. The early estimate of the total grain output for 2021/22 is 299.27 million tons, which represents an evolution of 17% over the current unsuccessful crop, revised to 256.20 million tons. There will be a growth of 12% in comparison with the record 266.88 million tons in 2020. “We can see that this new season is off to an encouraging start, as we have seen in 2020, due to the good offer of credit, the exceptional prices, and the market sentiment still favorable”, said Flávio Roberto de França Junior, Datagro’s grain coordinator. He added that “this volume would be in line with the expected increase in the area to be sown and the initial expectation of normal average productivity, depending on the climatic behavior and the reliable use of inputs.”

Source: Canal Rural /Estadão (*Translated by Ia Niani)