DATAGRO SETS BRAZIL’S SOYBEAN CROP AT A RECORD 135.47 MILLION TONS AND REDUCES CORN PROJECTION

The 6th survey by DATAGRO Consultancy for Brazil’s soybean crop estimates few adjustments. Soybean crop is projected at 135.47 million tons, compared to 135.68mt projected in February. If projections are confirmed, this volume would be 6% higher than the 128.19mt projected last crop. “Brazil is up ahead a great harvest and a new production record”, says Flávio Roberto de França Junior, Grain coordinator at DATAGRO. DATAGRO sees the first corn crop at 24.24 million tons, a drop of 8% compared to the last projection. The second crop potential production can reach 85.06mt, up 6% over the last projection. Of this total, the Center-South region would account for 79.68 million tons, and the North and Northeast regions, for 6.38 million tons.

Source: DATAGRO (*Translated by Ia Niani)