Conab maintains 14% higher crop estimate for 2017

12.12.2016

Supply

The total planted area will also be expanded to 59.2 million hectares, representing a growth of 1.4% or 827 thousand ha

The grain production estimate for 2016/17 is 213.1 million tonnes, an increase of 14.2% or 26.5 million tonnes compared to the previous harvest of 186.6 million tonnes.

The data are from the 3rd Survey of the 2016/2017 harvest, released on Thursday (8) by Companhia Nacional de Abastecimento (Conab).

The total planted area will also be expanded to 59.2 million hectares, representing a growth of 1.4% or 827 thousand ha, compared to the previous harvest. Cotton and rice were exceptions in the expansion, due to the substitution by soybean cultivation, in case of Mato Grosso. However, the other crops of the first harvest had an increase in area.

First-crop maize production is expected to reach 27.7 million tonnes, an increase of 7.3% over the 2015/16 data. Rice, on the other hand, has a production of 11.5 million tons, higher than last year's harvest of 8.5%, while first-crop beans can reach 1.28 million tons, 24.1% higher than the last harvest.

For soybeans, the projection is of a growth of 7.3% in production, and can reach 102.45 million tons. The cotton pen is expected to grow 9.7% and reach 1.41 million tonnes, despite a 5.5% reduction in acreage.

The increase, according to a study by the Brazilian Institute of Geography and Statistics (IBGE), can be seen in the projections for all regions: North (5.1%), Northeast (53.9%), Southeast , South (5.4%), Central West (20.1%).

Winter harvest 2016

The highlight is wheat production, which is expected to grow 21% above 2015 and reach 6.7 million tonnes. The barley should have a slight reduction of area, but the production will be of 374,800 tons, with the recovery of productivity.

Canola and triticale also show increased area and productivity, with the first producing 71.9 thousand tons and the second, 68.1 thousand tons.


investinbrazil

Readers choice: TOP-5 articles of the month by UkrAgroConsult