Late on Thursday (11), the National Supply Company (Conab) reported that the expected grain production may reach 268.3 million tons, a 4.4% increase (11.4 million tons) when compared to 2019/20. Unlike the previous estimates, Conab now shows a possible gain of 3.5 million tons, supported by the 4.4% growth in the planting area of the second corn crop. The crop is still being sown. The total planted area is expected to reach 67.7 million hectares, a 2.7% increase in relation to the previous crop. The expectations on the planting area of the first corn crop decreased by 0.8%. The expected production is 23.6 million tons. Total production may reach 105.5 million tons, a percentage 2.9% higher than that obtained in 2019/20. The rate of growth of the soybean cropped area remains high. In this harvest, the estimate points to an area of 38.3 million hectares, an increase of 3.6% in relation to the previous cycle and a production of 133.8 million tons.
*Translated by Ia Niani