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Brazil's wheat production on track for another record

 Last Update: 2022-08-15
 Source: Internet
 Author: User

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Brazil's Forbes News reported on July 7, citing Reuters, that Brazil's 2022 wheat crop is expected to hit a record high in 2022,according to a research report released on Thursday by Brazil's National Supply Corporation (Cona.
A record 9 million tons, an increase of 16% from last year, and continued to increase after last year's reco.

Brazil has completed about 65 percent of the planted area, estimated at 9 million hectares, up 6 percent from the same period last year and only down from 28 million hectares in 1990, according to the National Supply Corporati.
Conab expects wheat yields to rise by 13 percent this year, at 3 tons per hecta.
Thirty-two years ago, yields were only 1 ton per hecta.

Conab lowered its forecast for Brazilian wheat imports in 2021/22 (end-July) by 500,000 tons to 6 million, while raising its forecast for exports to 2 million from 15 million, due to an expected increase in supplies for the new harve.
In 2022/23, exports are expected to be 5 million tons and imports are expected to be 5 million to.

wheat

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