The Brazilian Institute of Geography and Statistics (IBGE) forecasts a 231-million-ton harvest next year, up 1.7% from this year.
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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.
The Brazilian Institute of Geography and Statistics (IBGE) sees 225.8 million tons being harvested in the country this year, down 0.4% from July’s estimate and 6.2% from 2017 crop numbers.
The National Supply Company (Conab) said 2017-2018 grain and oilseed output is poised to reach 232.6 million tons, which would be second only to the preceding crop season.