IBGE estimate points to 242.1 million tons, 57.4 million more than last year
The Brazilian Institute of Geography and Statistics (IBGE) estimates that in July 2017, grain production will reach 242.1 million tons, a volume 31.1% ( 57.4 million tons) higher than in the same month Of 2016. The estimate of the area to be harvested increased by 7.1% compared to the area harvested in 2016 and increased from 57.1 million hectares to 61.1 million hectares.
In relation to the figures for June this year, production increased by 1.8 million tons (0.7%) and the area grew by 74.5 thousand hectares (0.1%). Record production is expected for soybeans (115 million tons) and corn (99.4 million tons).
Rice, corn and soybeans, the main products of the group, accounted for 93.6% of the production estimate and 87.9% of the area to be harvested. In the state cut, Mato Grosso led as the largest national grain producer, with a share of 25.7%, followed by Paraná (17.5%) and Rio Grande do Sul (15.1%), which together represented 58 , 3% of the planned national total.
The National Supply Company (Conab) also released estimates on Thursday (10). According to the survey, the 2016/2017 grain harvest is expected to reach 238.2 million tons, an increase of 27.7% compared to 186.6 million tons in the previous harvest.
They were responsible for this supersafra, the expansion of the area by 4%, the favorable climatic conditions and the increase of the average productivity of all the crops, ahead soybean and corn, that had high level of technological application. More than 88% of the grains produced in the country are due to both crops.
Regarding soy, production and area remain close to that of the last survey. The growth of the crop should be 19.5% and reach 114 million tons, with an increase of 2% in the planted area estimated at 33.9 million hectares. For total corn, production is expected to reach 97.2 million tons, up 46.1% from the 2015/2016 harvest.