Brazil increased its sugar exports by 27.1% from April to July and continues to enjoy positive prospects in the international market. The sugarcane harvest is expected to be the second-best in history, and sugar production could reach a record high.
Browsing: Conab
Brazil will harvest 21.2 million tonnes less in 2023-24 compared to the previous crop cycle particularly due to losses caused by climate problems. Corn and soybean are the most impacted.
Brazilian agency Conab estimates a 2022-23 foodgrain output of record 315.8 million tonnes.
According to the Brazilian National Supply Company, 269.3 million tonnes of grains are expected to be harvested in Brazil in 2021/2022. The most significant volumes will be soybeans and maize.
In 2021 the volume shipped to the Arabs and other major blocs was down. Production this year is expected to increase.
With a lower output of Brazilian maize, buyers like Egypt will need to consider alternatives to import the product. An analyst explains the possibilities for countries in the Middle East and North Africa.
The country produced 241.5 million tonnes of cereal last year, up 6.6% from 2018. In 2020, the crop is expected to reach a new historic level.
National Supply Company estimates 2019-2020 grain output to reach 246.4 million tons, up 18% from the previous crop.
Survey from Conab shows that 2019-2020 sugarcane crop is poised to grow by 9.5% to 31.8 million tonnes.
