Conab, a national commodity supply company under Brazil’s Ministry of agriculture, recently estimated that despite bad weather in many places, the national grain production in 2021 / 2022 season may still set a new record. According to the prediction of the company, 270 million tons of grain can be harvested in China this year, an increase of more than 14 million tons over the same period last year.
Brazil’s G1 website reported on May 12 that conab predicted that the harvest of Brazil’s main export product, soybeans, would fall by 10.4% year-on-year to 123 million tons this year due to the low production in southern states. “Parana á, Rio Grande do Sul and Santa Catarina all suffered very severe drought, resulting in the loss of nearly 20 million tons of Brazil’s main agricultural product (soybean) harvest,” said Leonardo Machado, coordinator of the Institute of agriculture and animal husbandry (IFAG) in Goias
The decline of crop production will directly affect the commodity prices in supermarkets. Corn plantations are now the focus of attention because corn is the main ingredient in poultry, pigs and cattle feed. Corn harvest prospects are good in Parana and Mato Grosso, the largest grain producing states. Minas Gerais, Bahia, s ã o Paulo and goi á s suffered from insufficient rainfall. Unfortunately, at this time, corn is in an important grouting stage.
Nevertheless, conab estimates that this year’s corn production will still be 31% higher than last year. S é rgio de Zen, head of the company’s agricultural policy department, said: “corn is one of the important crops we must pay attention to because it has a great impact on the production of eggs, milk and meat.” Another crop affected by dry weather is rice. What is likely to create a surprise this year is the harvest of beans and wheat in the second quarter.
“If the data predicted by conab come true, this year will be a good harvest year. Not only that, but also a record high harvest can be achieved. Brazil’s grain production in a harvest season has never reached 270 million tons,” said Felipe serigati, a researcher at the FGV / agro center of the zetulio Vargas foundation in Brazil
Source: South American overseas Chinese News Network
Post time: May-20-2022