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Brazilone of the largest food producers in the world, increased its harvest by 2023, thereby raising expectations grain production since it expects to collect 299.7 million tons of this product, the government of this country said.
According to him Brazilian Institute of Geography and Statistics (IBGE), the forecast for March was 0.5% compared with the February estimate.
If these expectations are met, Brazil will increase its harvest by 13.9% compared to 2022, when it will reach 263.2 million tons of grains, legumes and oilseeds, and will post record production for two years in a row.
The weather is favorable
According to the IBGS, the sown area this year will increase by 3.9% compared to 2022, reaching 76.1 million hectares in the country. In this section, the forecast for March also increased by 0.4% compared to that presented in February.
“The climate in most producing states is good, as are prices, which encourages the producer to expand planting areas,” said the manager of the Systematic Review. agricultural productionCarlos Barradas, in a note.
What foods will increase your yield?
According to official estimates, rice, corn and soybeans will respond in 2023 to 92.4% of production and 87.4% of sown areas.
The government expects new records for soybean and corn crops, but predicts a decline in the rice crop due to “climate problems” reported in the state of Rio Grande do Sul.
Another grain growing in rural Brazil is wheat, which is expected to increase production by 13%.
“Because of the war between Russia and Ukraine, two major producers, there are opportunities to increase the production and export of Brazilian wheat,” Barradas explained.
Brazilian President Luiz Inacio Lula da Silva said on Monday, on the occasion of his speech in his first 100 days in government, that he intends to launch a new plan in May to boost productivity in this area sustainably by promoting access to credit.
The agricultural sector is one of the engines of the Brazilian economy, which is expected to experience a sharp slowdown this year with growth of less than 1%, affected by high inflation, high interest rates and geopolitical tensions caused by the war in Ukraine. EFE
Source: RPP
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.