IBOV 177,418.78 ▲ 1.00% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,430.32 ▼ 0.08% MERVAL 3,033,848 — 0.00% COLCAP 2,425.08 ▼ 1.33% BVL PERÚ 59,928.30 ▼ 0.80% USD/BRL5.17▼ 0.22% USD/MXN16.98▼ 0.10% USD/CLP938.58▲ 0.46% USD/COP3,220▲ 0.58% USD/PEN3.36▼ 0.15% USD/ARS1,513▲ 0.28% USD/UYU40.29▲ 0.05% USD/PYG5,892▼ 0.13% USD/BOB11.85▲ 2.00% USD/DOP58.61▲ 0.46% USD/CRC447.35▲ 1.29% USD/GTQ7.62▼ 0.02% USD/HNL26.84▲ 1.13% USD/NIO36.62▲ 0.14% USD/VES796.33▲ 0.29% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.69▼ 0.37% EUR/BRL6.00▼ 0.22% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 177,418.78 ▲ 1.00% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,430.32 ▼ 0.08% MERVAL 3,033,848 — 0.00% COLCAP 2,425.08 ▼ 1.33% BVL PERÚ 59,928.30 ▼ 0.80% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Business - Brazil Rio de Janeiro

Brazil to Register Record Grain Production Year Despite Drought

By · November 12, 2014 · 2 min read

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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Brazil should register a record crop harvest in 2015, according to the IBGE (Brazilian Statistics Bureau), despite the severe drought faced by the Southeastern region of the country this year. The first estimate released on Tuesday by the IBGE for 2015 calls for a harvest of 198.3 million tons, 2.5 percent greater than the 2014 harvest which is also setting a record for agricultural grain production.

harvest of grains
IBGE forecasts record harvest of grains for 2015, photo Archives/ABr.
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“The main crops to contribute to this increase are soybean, up by nine percent; beans, up by eleven percent and rice, up by 1.4 percent,” says Mauro Andreazzi, manager of the Agribusiness Department at the IBGE.

The forecast also calls for a decrease in cotton production, by eight percent, due to the expected smaller area seeded for next year. The Bureau also released the tenth production survey for the 2014 season, which totaled 193.5 million tons, an increase by 2.8 percent of the 2013 harvest.

The survey also shows that the Center-West region of the country, traditionally cattle raising region, has increasingly turned large pasture areas into large crop-growing areas and is now one of the most important grain-producing regions in Brazil.

Another government agency, CONAB (Brazilian National Supply Company), released its forecast earlier this week for the 2014/2015 season, calling for a grain production between 194.39 and 199.97 million tons, increase of 2.7 percent in relation to the previous season.

According to CONAB the estimated area used for growing grains in the 2014/2015 season is between 56.67 and 58.16 million hectares, with soybean leading the way and responsible for 45.92 percent of the total grain production in Brazil. Soybean is followed by corn, with 39.62 percent, rice with 6.34 percent and wheat with 3.55 percent of the country’s total grain production.

The difference in forecast data between the two agencies is that while the IBGE surveys forecast the period January – December of 2015, CONAB surveys the period between August 2014 and July 2015.

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