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Brazil Targets 300 Million Tons of Grain in Coming Years
USAgNet - 07/28/2021

Brazil should collect more than 300 million tons of grain by the 2024/25 harvest, three seasons earlier than initially planned, according to new projections by the Ministry of Agriculture. The previous forecast was to reach the target in the 2027/28 cycle.

Following on the projections Brazilian grain production should grow 27.1% until 2030/31 when it reaches 333.1 million tons. In the season ended this June, the country harvested 262.1 million tons, according to estimates from CONAB, the national food supply company.

Regarding the production of chicken, beef, and pork, the Ministry of Agriculture now foresees an increase of 24%. The survey also shows the expected evolution in the fruit, cotton, and sugarcane sector.

The production of meat (beef, pork, and poultry) between 2020/21 and 2030/31 is expected to increase by 6.6 million tons, representing an increase of 24.1%. Chicken and pork should show the greatest growth in the coming years: chicken meat (27.7%) and pork (25.8%).

Beef production should grow 17% between the base year and the end of the projections. “These percentages may be at higher levels, given the increased demand for animal protein,” points out José Garcia, general coordinator of policy assessment and information at the ministry and one of the researchers in the projections.

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