From the Newsroom
São Paulo – In January, the Brazilian Institute of Geography and Statistics (IBGE, acronym in Portuguese), estimated the grain crop would grow 1.9% in 2019. Grain, legume and nut production was estimated at 230.7 million tons, an increase of 4.2 million tons over 2018, according to a press release sent this Tuesday (12).
The National Supply Company (CONAB, acronym in Portuguese) indicates the grain crop in the period 2018/2019 should reach 234.1 million tons. The volume, which is 2.8% higher than the last crop, was also published today. The difference in the numbers is due to CONAB adopting the year-crop concept, which starts in September of a year and ends in August of the next one. IBGE considers the civil year.
According to CONAB, cotton will be a highlight and end the period with a 27.9% increase in production (3.8 million tons) and 33% in the production area (1.6 million hectares). For IBGE, the main cultures will be rice, corn and soy. Over 2018, there should be a 2.6% decline in the soy production and a 5% one in rice. Corn production should grow 9.9%.
Translated by Guilherme Miranda