Supply Company cuts crop forecast in 5.4%

09 de junho de 2016

Brasília – Brazilian production of grains should reach 196.5 million tons in the 2015/2016 crop. This volume would mean a reduction of 5.4% in comparison to the previous cycle, which had a production of 207.7 million tons. These estimates are part of the 9th crop survey released this Thursday (9) by the National Supply Company (Conab).

According to Conab, the result was caused by prolonged drought and high temperatures that hampered the first and second corn crops during the period. Overall, the national production of maize should be of 76.2 million tons, against 84.6 million in the 2014/2015 crop.

In turn, soy, which accounts for 48.7% of the national grain production, is predicted to register 95.6 million tons, 0.6% less than the previous crop. For rice, beans and cotton, the forecast also predicts a decline in total production, due to the reduction of planted area and the drought in the period. Among winter crops, wheat is the highlight, with a production of 5.9 million tons, 6.3% higher than the previous crop.

*Translated by Sérgio Kakitani