LatinNews Daily - 13 May 2022

In brief: Brazil’s harvest projections revised up

* Brazil’s national statistics institute (Ibge) has raised its forecast for the 2022 harvest of grains, cereals, legumes, and oilseeds. Revising up its April estimate by 1%, Ibge forecast that the harvest will amount to 261.5m tonnes, representing a 3.3% increase on the 2021 harvest. The predicted increase is due to a greater area of land dedicated to arable farming, totalling 71.9m hectares – an increase of 4.9% on 2021. Rice, corn, and soybean account for 92.2% of Brazil’s estimated production total, and for 87.8% of the land area being harvested.

End of preview - This article contains approximately 95 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.