Rio de Janeiro – The Brazilian Institute of Geography and Statistics (IBGE) estimates that 225.8 million tons’ worth of cereals, oilseeds and pulses will be harvested this year in Brazil. The forecast released in August’s Systematic Survey of Agricultural Production is down 0.4% from July projections. If the forecast proves true, then the crop will be 6.2% and some 14.8 million tons smaller than in 2017.
The forecast slid in August from July came mostly as a result of a revision of maize harvest numbers, which shrank by 2.3%, while projections were up 0.3% for soy and 2.2% for rice. Cereals expected to account for over 1% of total harvest numbers also include beans, down 0.7%, wheat, up 8.2% and cotton, up 0.1%.
Crops whose outputs are seen increasing over 2017 include soy, by 1.6%, wheat, by 38.6% and cotton, by 24.7%. Crops whose outputs are seen decreasing include maize, by 18.6%, rice, by 5.3%, and beans, by 1.3%.
Translated by Gabriel Pomerancblum
