The 24% growth will be driven by soybeans, maize and cotton, Brazil’s Agriculture Ministry reported.
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Droughts and frosts affected the productivity of coffee plantations in the region of the largest coffee cooperative in Brazil, Cooxupé. According to the entity’s president, logistical issues could also hamper shipments in 2023.
Brazil’s National Supply Company (Conab) estimates that 238.5 million tons of grains will be harvested in the 2018/2019 season.