According to the 6th 2021-22 Harvest Survey conducted by the National Supply Company (Conab), grain production should reach 265.7 million tonnes after an increase in production of more than 10 million tonnes compared to the previous cycle. The survey also shows an increase of 4.3% in crop area (3 million hectares), reaching, in total, 72.7 million hectares thanks to the production growth of soybeans and corn. In total, the production of soyabean shall reach 122.76 million tonnes. The progress of the soybean harvest dictates the pace of the planting of corn’s second harvest. Conab estimates that 74.8% of this area is already sown. Furthermore, Conab currently predicts that total cron production will grow 29%, reaching 112.3 million tonnes.
Source: Datamar News