In 2024, Brazil's agricultural sector is poised for a year of mixed fortunes, according to the latest data from the Brazilian stats agency IBGE.
The March Systematic Survey of Agricultural Production reveals a projected increase in the production of rice, beans, cotton, and wheat.
However, key staples like soybeans, corn, and sorghum are expected to see reductions in their yields.
The total output of cereals, legumes, and oilseeds across Brazil is estimated to hit 298.3 million tons, marking a 5.4% decline, or a decrease of. . .