Brazil Forecasts Record 2023 Harvest Of Over 302 Million Tonnes Of Cereals

beans and oilseeds

RIO DE JANEIRO, May 12 (NNN-CMA) – Brazil will have a record harvest of cereals, beans and oilseeds in 2023, reaching 302.1 million tonnes, 14.8 percent more than last year, the state-run Brazilian Institute of Geography and Statistics (IBGE) reported, yesterday.

According to the Systematic Survey of Agricultural Production, released by IBGE, the area harvested this year with these products, will reach 76.4 million hectares, 4.3 percent more than in 2022.

Rice, soybeans and corn will account for 92.3 percent of the Brazilian harvest, and 87.3 percent of the planted area.

Meanwhile, soybean production is expected to reach 149.1 million tonnes, 24.7 percent more than last year, while corn production will reach 119.9 million tonnes, an increase of 8.8 percent.

Wheat is estimated at 9.9 million tonnes, 1.7 percent less than in 2022, while coffee will reach 3.3 million tonnes, 5.5 percent more than last year.

Carlos Barradas, who was in charge of the survey, detailed that, in general, this year’s harvest benefited from more rain in almost the entire country, with the exception of the southern region.