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Brazil has raised its crop production forecast again

 Last Update: 2022-11-25
 Source: Internet
 Author: User

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Brazil's "Economic Value Newspaper" on November 9 news, Brazil's national supply company (Conab) once again raised its crop production forecast
for Brazil.
Average crop yields are expected to increase by 12 per cent to 4,075 kg
per hectare due to favourable weather expectations.

In the 2022/23 season, soybean production is expected to reach a record 154 million mt, up 22.
3%
from the previous season.
Maize production forecast is down at 126 million tonnes, but still up 12%
from the 21/22 season.
Wheat production will reach 9.
5 million tonnes, up 23.
7%
from the previous season.
Harvest forecasts for both cotton and rice were revised down slightly to 2.
9 million tonnes and 10.
6 million tonnes respectively.

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