According to CONAB’s estimate, products such as maize and wheat could have a record harvest in 2021/2022.
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Import tariffs on food items like rice, beans and biscuits as well as construction materials will be reduced by 10%, aiming to curb inflation.
According to IBGE estimates, the Brazilian harvest of grains, cereals, and legumes should total 256.1 million tonnes this year. The soybean harvest has already been completed with excellent results.