GRAINS PRODUCTION TO GROW BY 14%, CONAB SAYS

According to estimates released on Oct. 7 by the National Supply Company (Conab), Brazilian grain production is likely to break a new record in this 2021/22 season. The entity forecasts the total volume should reach 288.6 million tons, up 14.2% from the 2020/21 season. Conab said the planted area for all grains is forecast to increase 3.5% to 71.5 million hectares. Conab said soybean production is expected to reach 140.75 million tons, “which keeps the country as the world’s largest producer”. The main highlight is the expressive recovery of corn. For the cereal, Conab expects increases of 4.7% in the total planted area (first, second and third harvests) to 20.9 million hectares, a growth of 27.7% in productivity, to 5,575 kilos per hectare and, total corn production after the three harvests in 2021-22 to reach 116.3 million tons.

Sources: Valor Globo (*Translated by Ia Niani)