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Brazil’s National Supply Company (Conab) is forecasting a 32.5 million ton increase in 2016/2017 from the preceding season, to a record 219 million tons.

The rate is the weakest since 2010 for large businesses, according to a survey conducted by the National Federation of Industry (CNI). Ten percent of industrial companies that planned to invest didn’t.

Output increased in most of the 14 regions surveyed by the Brazilian Institute of Geography and Statistics (IBGE) in December. The states of Rio Grande do Sul and Ceará displayed above-average performance.