Brazil will have another record crop

The Brazilian Supply Company estimates a new record grain production for the 2022/23 harvest, reaching an impressive volume of 312.4 million tons, exceeding the previous harvest by 41.5, up 15%. Corn and soybean production is expected to be 279.3 million tons.

In 2023 it is anticipated that soybean exports will be up by 95.87 million tons, an increase of 22.5% compared to the projection for 2022. For corn, exports should reach 45 million tons, an increase of 21.6%.

The Brazilian Supply Company monitors grain harvests, and the development conditions of the country’s main crops: cotton, peanuts, rice, oats, canola, rye, barley, beans, sunflower, castor beans, corn, soybeans, sorghum, wheat and triticale.