According to the third survey by DATAGRO Grains, the planted area will be 79.40 million hectares in 2023, a 3.7% increase from the previous year. The total amount of grain is now expected to reach 324.30 mt, up from the prior estimate of 319.78 mt. Including the summer and winter crops, DATAGRO estimates corn production to be at 129.54 million tons, up 7% from 2022. In terms of size, it is expected to cover 23.12 million hectares, compared to 23.0 million ha the season before. On a surface of 44.36 million hectares (+5%), soybean production is estimated at 155.91 million tons, a yearly rise of 19%.
Source: DATAGRO (*Translated by Ia Niani)