Conab forecasts record-high crop in Brazil

National Supply Company estimates 2019-2020 grain output to reach 246.4 million tons, up 18% from the previous crop.

Agência Brasil

São Paulo – The National Supply Company (Conab) reported this Wednesday (13) its second 2019-2020 Brazilian grain crop survey, which points to a record-high output of 246.4 million tons, up 1.8% from the previous cycle. The estimate is slightly higher than the previous one made in October, which forecasted a crop of 245.8 million tons.

As per the survey, planted area may reach 64.1 million hectares, up 1.4% from the previous crop. It was also an increase from October report, which estimated a area of 63.4 million hectares.

Conab expects an increase in soy, bean and cotton output, a slight increase in rice crop, and a decline in corn crop. The so-called winter cultures are poised to grow in oat, barley and rye but decline in wheat, triticale and canola.

Translated by Guilherme Miranda

Archive/Agência Brasil

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