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09/11/2017 - 13:09hs
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Smaller crop expected in 2018

The first harvest estimate from the Brazilian Institute of Geography and Statistics (IBGE) for next year in Brazil is 220.2 million tons, which would entail an 8.9% decline over 2017.



Brasília – The Brazilian Institute of Geography and Statistics (IBGE) expects Brazil’s combined grain, legume and oilseed crops to be 8.9% smaller in 2018 than in 2017. The forecast, which was made public this Thursday (9), is the IBGE’s first forecast concerning next year’s crop.

The crop is seen amounting to 220.2 million tons next year, down 21.4 million from the crop output expected this year.

The three biggest grain crops are seen dropping: soy (-6.3%), maize (-14.4%) and hulled rice (-6.8%). Levant cotton output is also expected to decrease (-1.5%). The only one of the five biggest crops whose output is seen growing is 1.3%.

Output is expected to shrink in all five regions of the country, by 3.2% in the North, 5.8% in the Northeast, 4.8% in the Southeast, 12.3% in the South and 8% in the Midwest.

*Translated by Gabriel Pomerancblum

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