Brazil’s grains and oilseeds output should grow to an estimated 333 million tons in 10 years’ time, a 27% rise, said the Ministry of Agriculture. Agricultural production growth in the country should be due to gains in planted area and productivity, with a boost in domestic consumption and exports, said José Garcia Gasques, general coordinator of Policy Assessment and Information at the Ministry. Brazil will grow the area planted with the grains and oilseeds to almost 80.8 million hectares in 2030/31, up from 68.7 million hectares, an increase of 17.6%. Soybean, corn and cotton are the main products. The area planted with soybean is expected to increase from 38.5 million to 48.85 million hectares in ten years. Corn first crop is expected to be increased by 2 million hectares to around 22 million hectares.
Source: Reuters (*Translated by Ia Niani)