On Thursday (08), the National Supply Company (Conab) estimated Brazilian grain harvest to reach 273.8 million tons, hitting record in 2020/2021. The growth of 6.5% represents a volume of 16.8 million tons over the previous harvest. The main highlights are the consolidation of the second crop, the beginning of the sowing of winter crops, the general increase of 68.5 million hectares, as well as the good performance of soybeans and corn. In comparison with February, grain harvest increased by 1.5 million tons, mainly for the 1.1% growth in the second corn crop, and for the soybean productivity. As the world’s largest soybean producer, Brazil is expected to reach a new record, which is estimated at 135.5 million tons, 8.6% or 10.7 million tons higher than the 2019/20 harvest. Corn production is also expected to hit record, reaching 109 million tons (up 6.2%) over the last production. About 24.5 million tons should be produced in the first harvest, 82.6 million in the second and 1.8 million in the third harvest.
Source: Universo Agro / DATAGRO (*Translated by Ia Niani)