Rio de Janeiro – Brazil’s crop of cereals, pulses and oilseeds should amount to 193.2 million tonnesi n 2014, as per the July estimates from the Brazilian Institute of Geography and Statistics (IBGE). The forecast in July is up 0.3% from June. As a result of the new estimate, the IBGE forecasts a crop 2.6% larger than last year’s 188.2 million tonnes. As per July forecasts, rice and soy output should be up 4.4% and 6%, respectively, from 2013. Of the three main crops, only maize should see a decline in output (-4.4%).
Grain production in Brazil should reach 193.47 million tonnes, up roughly 2.6% from the prior crop, according to the 11th 2013/2014 crop survey released this Thursday (7th) by the National Supply Company (Conab). The estimate is down slightly from the one released in July (193.87 million tonnes).
*Translated by Gabriel Pomerancblum
