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12/09/2017 - 16:11hs

Brazilian crop to increase by 30.4%

The Institute of Geography and Statistics (IBGE) said 240.9 million tons will be harvested in the country this year. Despite the bigger crop than last year’s, the estimate from August is smaller than the one from July.

Rio de Janeiro – Brazil should see a 30.4% increase in its cereal, legume and oilseed crops in 2017. As per the Systematic Survey of Agricultural Production from August, made public this Tuesday (12) by the Brazilian Institute of Geography and Statistics (IBGE), 240.9 million will have been harvested by the end of this year.

The estimate is down 0.5% or 1.2 million tons from the one from July. The soy crop is seen exceeding last year’s by 19.6% to a record 115 million tons. Maize output should be up 54.7% to 98.4 million tons, another all-time high. Brazil’s rice crop is poised for a 16.2% increase.

*Translated by Gabriel Pomerancblum

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