Conab estimates 2018/2019 grain harvest to grow 4.9%

The Food Supply and Statistics Agency (Conab) announced today that the 9th Grain Crop Survey for 2018/2019 indicates Brazil´s production could reach 238.9m tons. According to the agency, this represents a 4.9% year-on-year increase, equivalent to 11.2m tons more than the 2017/2018 crop.

O 9º Levantamento da #Safra de Grãos 2018/2019, divulgado nesta terça-feira (11) pela @Conab_Oficial, aponta para uma produção de 238,9 milhões de toneladas e um crescimento de 4,9% se comparado à safra de 2017/18. Saiba mais ? https://t.co/tLMsorXKFM #levantamentodesafra pic.twitter.com/PEp8IN44wz

— Companhia Nacional de Abastecimento – Conab (@Conab_Oficial) June 11, 2019

The survey highlighted growth in the area planted, which is estimated at 62.9m hectares, a 1.9% increase over the previous harvest period. The biggest increases in the planted area are for soybeans at 672,800 hectares, corn at 795,300 hectares, and cotton with 425,000 hectares.

According to Conab, the first corn crop harvest is estimated at 26.3m tons, with production in the Southern region accounting for more than 45% of this total. Even so, the data shows a 2% decrease in cultivated area, especially in the states of Minas Gerais, Maranhão, and Piauí. The second corn harvest was up 31.1%, driven mainly by growth in Mato Grosso, Mato Grosso do Sul and Paraná. The cultivated area also increased by 6.9% compared to the 2017/18 crop.

Soybean production is expected to reach 114.8m tons, 3.7% less than in 2017/2018. According to Conab, the largest production (78%) is in the Midwest and Southern regions. The survey shows 1.9% growth in the area planted.

Source: Agência Brasil

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