IBGE FORECASTS RECORD CROPS IN BRAZIL IN 2022

Agricultural production in 2022 of cereal, legumes, and oilseeds is expected to total 258.9 million tons, up 2.3% from 2021 (253.2 million tons). As a result, production is likely to surpass the 2020 record (255.4 million tons). The Systematic Survey of Agricultural Production (LSPA) points out that the cultivated area is 71.8 million hectares, up 4.7% from 2021. Rice, corn and soybeans, Brazil’s top three agricultural products, will represent 92.2% of the projected output in 2022 and they account for 87.7% of the cultivated land. The area cultivated with corn increased by 8.3% when compared to 2021 and with soybeans, 3.8%. Other products expect to see drops in the cultivated area, as rice (1.8) and wheat (2.9%). Soybean production is expected to total 116.2 million tons, a drop of 13.9% compared to last year. Corn production was estimated at 111.9 million tons, increasing 27.4% when compared to 2021. Rice production was estimated at 10.7 million tons, down 8.0% from last year.

Sources: Universo Agro/DATAGRO (*Translated by Ia Niani)