October 26, 2022

Brazil's grain production expected to hit 312.4 million tonnes in 2022/23 harvest

Brazil's grain production may reach 312.4 million tonnes in the 2022/23 harvest — a volume, if confirmed, would surpass a record set in a recently closed season by 41.5 million tonnes when 270.9 million tonnes were harvested, according to the 1st Grain Crop Survey 2022/23 released this month by the National Supply Company (Conab).

According to the document, the area destined for planting shows a 2.9% growth in relation to the 2021/22 season and is estimated at 76.6 million hectares.

Brazil's soy and corn together should reach a production of 279.3 million tonnes. In the case of soybeans, Brazilian farmers are expected to dedicate an area of 42.89 million hectares, an increase of 3.4% compared to last year's harvest. Sowing of the grain occurs within the window in the country's main producing states and has reached 4.6% of the area, with the highest rate recorded in Paraná (9%), followed by Mato Grosso (8.9%) and Mato Grosso do Sul (6%). With the advance of the area, Conab's estimate for oilseed production is 152.4 million tonnes.

For the first-crop corn, a reduction of 1.5% in the area to be planted is expected, due to higher costs as well as a migration to more profitable crops. Planting is advanced in the south of Brazil, where frequent and well-distributed rainfall favors its initial development, despite the low temperatures that delayed emergence in some regions.

Even with a smaller area, it is expected that the cereal harvest in the first harvest presents an increase of 14.6%, estimated at 28.69 million tonnes. The good result is due to the expected recovery of productivity in the current cycle.

Adding the three crops of grain throughout the season 2022/23, Conab has estimated a production of 126.9 million tonnes.

- CONAB