IBGE predicts record crop of 288.1 million tons in 2023

Brazil should have a record harvest of grains, cereals, legumes and oilseeds in 2023. The Brazilian Institute of Geography and Statistics (IBGE) estimates a production of 288.1 million tons, that is, 9.6% (25.4 million tons) more than the harvest forecast for this year (262.8 million).

The record volume is expected to be driven by higher production forecast for soybeans (19.1%), 1st harvest corn (16.8%), herbaceous seed cotton (2%), sorghum (5.7%) and beans 1st harvest (4.9%). Soybeans and 1st harvest corn should also have an increase in harvested area, of 1.2% and 0.9%, respectively.

According to Carlos Barradas, manager of the Systematic Survey of Agricultural Production (LSPA), a survey that forecasts crops, the expected growth for soybeans is due to the recovery of production affected in the summer of 2022 in Paraná, Rio Grande do Sul and Mato Grosso. southern.

At the same time, production declines are estimated for rice (-3.5%), 2nd crop corn (-0.2%), 2nd crop beans (-9.5%), 3rd crop beans (-3.7 %) and wheat (-12.1%).

2022 harvest

The survey – carried out in October this year – also estimates that 2022 should close with a growth of 3.8% compared to last year (or 9.6 million tons more). The estimate is 0.3% higher than the September survey.

The year 2022 should close with growth of 15.2% for herbaceous seed cotton, 22.6% for wheat and 25.7% for corn. There were losses, however, of 11.5% for soybeans and 8.1% for paddy rice.