Government agency Conab expects a smaller sugarcane crop but a largest sugar production as the market is favorable.
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The 24% growth will be driven by soybeans, maize and cotton, Brazil’s Agriculture Ministry reported.
Brazilian agency Conab estimates a 2022-23 foodgrain output of record 315.8 million tonnes.
The country expects to produce 125,000 tonnes of the product in 2022, up 8.69% from last year. The estimate was released by SANA, the country’s official news agency.
Brazilian cereal, legume and oilseed output is expected to reach an all-time record in 2022, up 8.7 million tonnes from 2021, IBGE reported. Maize drives the result up.
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 Brazilian Institute of Geography and Statistics (IBGE) reported that cereal, legume and oilseed output will amount to 250.5 million tons in 2020, up 9 million tons from 2019.
The 2019/2020 crop-year saw sales from Brazil to Arab nations slide. Total exports had second best result on record.
IBGE forecasts a harvest of 246.7 million tonnes in 2020, up 2.2% from a year ago.
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.
July through November – the first five months of the 2019/2020 crop season – saw 535,714 tonnes shipped abroad.
National Supply Company estimates 2019-2020 grain output to reach 246.4 million tons, up 18% from the previous crop.
The Madrid, Spain-based International Olive Council released its preliminary estimates for the 2019/2020 crop. The North African country is expected to produce 350,000 tons of oil.
Forecast is a crop of 51 million bags according to CONAB. Reduction is due to the two-year period for coffee farming.