Brazil Projects Lower Grain Production for 2024

Brazil, one of the world’s largest grain producers, forecasts a grain production of 299.6 million tons for 2024. This represents a 5.0% decrease from 2023’s 315.4 million tons. The Brazilian Institute of Geography and Statistics (IBGE) provided this estimate. The cultivated area for cereals, legumes, and oilseeds is estimated at 77.9 million hectares, similar to […]

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