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08/06/2017 - 14:34hs

Supply Company forecasts record crop

The 2016-2017 season will see 234 million tons of grain harvested. The amount is up 25.6% from 2015-2016.

Brasília – The 2016-2017 crop in Brazil could amount to 234.3 million tons, up 25.6% from the 2015-2016 season. The National Supply Company (Conab) released its ninth crop estimate this Thursday (8) in Brasília.

The drivers behind this season’s ‘super crop’ are increased area and higher average yields, Conab said. Total area is expected to widen by 3.7% to as much as 60.5 million hectares, including second- and third-crops and winter crops.

Soy output should be up 19.4% to 113.9 million tons, with an estimated 33.9 million hectares, or 1.9% of additional planted area. Total maize output is seen reaching 93.8 million tons, up 41% from 2015-2016. Maize and soy make up nearly 90% of all grains produced in Brazil.

*Translated by Gabriel Pomerancblum

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