The Brazilian National Company of Supply and IBGE have released their projections for the crops. Both expect growth.
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The National Supply Company (CONAB) released its forecast for the 2018/2019 harvest, expecting an increase between 2.5% and 4.5% over the previous period.
According to the Brazilian Institute of Geography and Statistics (IBGE), Brazil produced 238.4 million tons of cereals, legumes and oil seeds, a 28% hike over the previous year.