Brazil’s grain output for this season is estimated at 271.2 million tons, an increase of almost 14.5 million tons when compared to the previous cycle, said Brazil’s Supply Company (Conab). “Although it has experienced adverse weather conditions in some producing regions, mostly in the southern states, this is the largest harvest ever recorded within the historical series of grain production in Brazil”, said the president of Conab, Guilherme Ribeiro. Soybean harvest is estimated at 125.6 million tons, a 10% reduction when compared to the previous season. In the case of corn, there was a recovery in total production with an estimated harvest of 113.2 million tons, an increase of 30% when compared to the previous cycle.
Sources: Agência Safras/Canal Rural (*Translated by Ia Niani)