The estimate for the 2021 crop points to a third consecutive annual record of 260.5 million tons, an increase of 2.5% in relation to 2020. The information is obtained from the Systematic Survey of Agricultural Production, released by IBGE in December (The Brazilian Statistics Institute). If confirmed, it will be the largest crop in history. In 2020, according to the 12th survey by IBGE, the agricultural crop registered 254.1 million tons, which represents an increase of 0.8% in relation to the forecast made in November. Soy remains rising, with preliminary estimates (129.7 million tons) indicating an increase of 6.8% in production (8.2 million more tons) compared to 2020, and an increase of 1,5% in relation to the second forecast (released in December). On the other hand, corn production is expected to decline by 1.5% (1.5 million tons) in comparison to 2020, however it should increase by 1.6% when compared to the previous estimate.

Source: Revista Globo Rural

*Translated by Ia Niani