POST Online Media Lite Edition


Brazil: Conab forecasts new record for 2021/2022 harvest

Christian Fernsby |
The National Supply Company (Conab) published the 1st Survey of the 2021/2022 Grain Crop.

Article continues below

The forecast is for a record grain harvest for the period, with an increase of 35.87 million tons compared to the volume obtained in the previous cycle. The estimate is for an increase of 14.2%, which, if confirmed, will raise total production to 288.61 million tons, setting a new record for national agriculture.

This production refers to an estimate of cultivation in an area of ​​ 71.5 million hectares. The space is 3.6% larger than that registered in 2020/2021. This growth is mainly driven by soybean and 2nd harvest corn crops.

In early October, the areas are being prepared and first crop planting is in its initial phase. In Brazil, it is possible to cultivate three agricultural crops, with second and third crops being cultivated in the same area in succession to the harvest of first crop crops, especially soybeans.

For this new agricultural year, the cultivation of crops in succession to the harvest of first crop crops totals around 21.5 million hectares. Thus, for all crops cultivated for the production of fibers and grains, around 50 million hectares are used.

The highlight among crops is the cultivation of soy, which has a tendency to increase both in the cultivated area and in production. According to the Company's data, the area to be sown should grow 2.5%, going from 38.9 million hectares to 39.91 million hectares.

The expected production should reach 140.75 million tons, which keeps the country as the world's largest producer of the grain.

Oilseed planting has already started in the states of Mato Grosso, Mato Grosso do Sul, Santa Catarina and Paraná. Activities continue at a faster pace compared to the same period last year.

For corn, production is expected to recover, with a forecast increase of 1.6% in the planted area, which could reach 4.41 million hectares in the first harvest. Productivity, at this first moment, is estimated at 6,416 kilos per hectare, resulting in a production of 28.3 million tons.

In the sum for the three harvests of the product, Conab expects a production of 116.3 million tons.

Rice production is expected to remain relatively stable at around 11.6 million tons. Edible beans, on the other hand, tend to show a slight growth of 0.8% in the area to be sown in the first crop. As the product is grown throughout the year, the volume is adjusted within the harvest year.

The estimate is that the total production of beans will reach 2.97 million tons in the three harvests. The production of rice and beans, according to initial estimates, would guarantee the supply of the domestic market.

In the case of cotton, an increase of 10.2% is expected in the planted area of ​​the crop, totaling 1.51 million cultivated hectares. The production of lint tends to be 2.67 million tons, a volume close to that recorded in the 2018/19 harvest.

Among winter crops, wheat, which is in the harvest stage of the 2021 crop, stands out. The expected volume for production this year is 8.19 million tons.

Based on this survey, Conab will inform two supply tables for cotton, rice, beans and corn. This double information will be presented until the end of the marketing of the 2020/2021 harvest. In the case of corn, for example, the two tables will be presented until February of next year, when the 3rd crop of the cereal ends.

In relation to the foreign market, cotton lint and soy continue with a positive scenario. In this survey, Conab maintained the predicted volume of 2.1 million tons for the export of cotton fiber in the 2020/2021 harvest and there was a slight reduction in the planned shipments of soybeans for the period, which was estimated at 84.3 millions of tons.

More specifically on corn, due to the effects of the weather on production and the reversal of the destination of export contracts to the domestic market, the expectation is for a drop in exports compared to the previous crop year, with the estimate of 22.0 being maintained million tons of grain exported. Likewise, the forecast for imports remained unchanged at 2.3 million tons.

As for wheat, the company expects an increase in production combined with an increase in domestic consumption of 3.8% for this new crop.

The scenario is favorable, as carryover stocks will be at more comfortable levels, and the forecast is that they will end the year at 1.09 million tons, showing a clear tendency to recover after two harvests of reduced volumes.

Regarding the prices paid to producers in the main markets, in September compared to August, there was a 2.0% reduction for rice in RS, a drop of 6.1% in bean prices SP colors and stability in black beans PR.

Stable prices also for wheat in PR and soybeans in MT and PR. In MT, there was a 7.8% drop in corn prices and a slight 1.4% increase in cotton prices.

What to read next

Weather has contributed to good results of Brazil's 2018/2019 harvest
Portions of Redden State Forest, Del. opened earlier than normal for deer harvest
Coffee crop in Brazil should reach 46.9 million bags this year, decrease 25.7%

TABC President: Tunisia can be platform for exporting energy to Europe

Tunisia can be a platform for exporting energy to Europe due to its advantage in location, Tunisian-African Business Council (TABC) President Anis Jaziri said on Saturday.


Pakistan's anti narcotics force recovers 51 kg drugs, arrests 9
Indonesia to start rolling out COVID-19 vaccination for children under 6
Ryanair offers jobs to Flybe staff after airline's collapse
Iran to join Shanghai Cooperation Organization


Four dead as floods in New Zealand continue for third day

At least 2 dead, 122 injured as 5.9-magnitude earthquake strikes northwestern Iran
U.S.: Arctic front slides southward
Record rainfall overnight in Auckland causes massive flooding
Drug trafficking network in Italy and Albania taken down
Japan launches intelligence satellite to join fleet in orbit


Germany faces biggest teacher shortage in 50 years, association says

Electricity from renewable sources on the rise in EU
North Carolina: Construction begins on new tower at Asheville Regional Airport
Second weekly decline in active U.S. oil rigs
Australian consumer watchdog launches crackdown on misleading social media influencers
Globalisation redefined as manufacturing moves closer to home

Trending Now

Iran and Kazakhstan eye increasing annual bilateral trade to $3 billion

Ryanair offers jobs to Flybe staff after airline's collapse

Iran to join Shanghai Cooperation Organization

Four dead as floods in New Zealand continue for third day


Iran and Kazakhstan eye increasing annual bilateral trade to $3 billion

Italian Prime Minister in Libya to conclude $8 billion gas deal
EU extends economic sanctions against Russia by six months
Iraq, France agree on energy, security cooperation
MEP from Hungary: European gas price cap would have negative effect on gas markets
EU launches €100 million Regional Teachers' Initiative for Africa

Today We Recommend

EU launches €100 million Regional Teachers' Initiative for Africa


Milo's Tea Company to create 103 new jobs in Spartanburg County, South Carolina

SK Battery America to open U.S. IT center, create 200 high-tech jobs in Roswell, Georgia

Chipotle Mexican Grill to hire 15,000 workers


BioMar sources Benson Hill ingredients to boost sustainability of aquafeed

Milo's Tea Company to create 103 new jobs in Spartanburg County, South Carolina
SK Battery America to open U.S. IT center, create 200 high-tech jobs in Roswell, Georgia
Chipotle Mexican Grill to hire 15,000 workers
Duke Energy begins operation of Idaho’s largest solar plant
BT Group to recruit more than 400 apprentices and graduates


Foresters Financial Canada president Henry Auyeung to retire

Dollar Bank names Peter Kubiska new chief marketing officer
Bank of South Carolina CEO Fleetwood S. Hassell to retire
Drest appoints Henri Holm as CFO
VC4A introducing Vincent Hoogduijn as CEO
Introhive appoints Lee Blakemore as CEO


U.S. trade deficit for goods soar 8.8% to $90.3b in December

Uzbekistan's economy grows 5.7 pct in 2022
Irish consumer confidence hit seven month high in January
Bank of Canada hikes rates
Singapore’s core inflation at 5.1 pct in December, averaged 4.1 pct for 2022
EU trade with Russia declined strongly


American Express Q4 income $1.6 billion

Chevron Q4 earnings $6.4 billion
Weyerhaeuser Q4 profit decreases
LG slips to loss in Q4
Santa Cruz County Bank Q4 income $10.0 million
American Airlines Q4 revenues up 39.9%


Micromanaging is the worst enemy of efficiency and teamwork

Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?


New swine fever outbreak confirmed in Gauteng, South Africa

Eurostat releases food price monitoring tool
New Zealand suffers egg supply shortage
Hong Kong suspends import of poultry meat and products from areas in Mexico and Poland
FAO and Japan to help Moldovan rural households overcome multiple crisis effects
African Development Bank to commit $10 billion to make continent world's breadbasket


Product images could boost food pantry use

The madness of fast service: I want it now!
How to build a resilient brand
Only 32% of employees believe their pay is fair
Corporate duty waivers limit organic company growth and innovation
Women buy from women, men buy from women and men


EAO issued third fine for Coastal GasLink project

Dutch central bank fines cryptocurrency exchange Coinbase 3.3 mln euros
Bloomberg to pay $5 million for misleading disclosures about its valuation methodologies for fixed income securities
Italy fines Yoox with over 5 million euro for misleading prices and limitations of right of withdrawal
Nexo agrees to pay $45 million in penalties and cease unregistered offering of crypto asset lending product
Virgin Atlantic fined for operating flights in prohibited airspace



IntercityHotel Berlin Airport BER opens

Art After School, the perfect way to spark imagination in your child
The world's biggest food fair in Berlin you don't wanna miss
Largest antiques show comes to small Texas town
Meet and see great artists from across the United States
Address Grand Creek Harbour opens its doors to guests


Honda Pilot TrailSport, fully equipped SUV with great ground clearance

2024 Corvette E-ray, electrified 4WD
Jaguar I-PACE is now more distinctive
2023 Toyota Prius expected this January
2023 Lincoln Corsair, advance features and ActiveGlide
Lamborghini Huracán Sterrato, first super sports car for any terrain


Curved sofas, elegant and gentle

Solios watches, from nature to luxury
Coats of faux fur, but not of faux style
Redifining kitchen space and experience with workstations
Dinning sofas, a soft addition to a modern dinning table
Patchwork carpets, vintage Persian carpets made with unparalleled skill


Harman Luxury Audio introduces new JBL Classic Series

KEF KC62, audio excellence and design ingenuity
Panasonic announces flagship OLED TV MZ2000
McIntosh MC451, 150 Watt vacuum tube and 300 Watt solid state amplifier
Headonia 2A3, luxury headphone amplifier that comes with gloves
ASUS launches ExpertBook B9 for executives


Ipsen receives CHMP negative opinion for Palovarotene as treatment for fibrodysplasia ossificans progressiva in EU

Once-daily Sotyktu gets positive opinion as treatment for adults with moderate-to-severe plaque psoriasis
EMA update on shortages of antibiotics in EU
Researchers develop new urine test that can diagnose cancer
India launches 'world's first' intranasal COVID-19 vaccine
Quibim and European Commission to launch EUCAIM, federated infrastructure for cancer images data in Europe


NASA system predicts small asteroid to pass close by Earth this week

NASA, Pentagon developing nuclear-powered rocket for Mars
Milky Way found to be too big
Earth's inner core rotation paused
Airbus-built JUICE spacecraft set for lift-off to study Jupiter’s icy moons
Ripples in fabric of universe may reveal start of time