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Brazil grain harvest to set record

Staff Writer |
Grain harvest will grow 31.1 percent this year, compared to 2016 and will reach a record figure of 242.1 million tons, estimated the Brazilian Institute of Geography and Statistics (IBGE).

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In a new estimate published this Thursday, the institution detailed that compared to the projections of last June, the estimates of production increased by 1.8 million tons.

Records are expected in the soy harvest (115 million tons) in that of corn (99.4), and detailed those two products and rice represent together this year 93.6 percent of the estimates.

In the opinion of IBGE researcher Carlos Antonio Barradas, quoted by Brasil Agency, the increasing production projections is due to two main factors.

One was a more rainy weather compared to a previous dry year. The other element was the rise in prices of grain that stimulated the increase in areas planted with soybean, maize, rice and beans, and a greater investment in production technologies, he said.

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