Brazil forecasted to harvest 245,9 million tons of cereals and oil seeds
According to the Systematic Survey of Agricultural Production (LSPA), released on Tuesday, June 9th, by the IBGE, the country will harvest 245.9 million tons of cereals, legumes and oilseeds by the end of the year, up 1.8% (4.4 million tons more) compared to 2019.
Rice, corn, and soy account for 92.2% of this amount. But the high dollar encourages other crops, such as wheat. The May estimate for the 2020 agricultural crop suffered a reduction of 0.5% compared to the previous month, influenced by the drought in the south of the country, but remains at a record level.
Via Merco Press