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29 July 2024

News

09.03.2010

Brazil's grain production to rise 36% in 10 years

Brazil's grain production will rise 36.7 percent in the next decade, reaching 177.5 million tons by 2020, the country's Agriculture, Livestock and Supply Ministry said on Thursday.
 
The ministry said that about 75 percent of the extra production will be due to an increase in productivity caused by the evolution of agricultural techniques. The remaining 25 percent will be the result of an increase in the cultivated area in the country, which currently reaches about 60 million hectares and will reach 69.7 million hectares by 2020.
 
The Ministry also stated that the grain production will most likely grow at its current rate in the next ten years.
 
"Brazil has been growing about four percent per year in a sustainable way, which is something wonderful," said Agriculture, Livestock and Supply Minister Reinhold Stephanes. "The agriculture sector has always had a dynamic and constant growth."
 
The exports of soybeans are expected to increase 37.2 percent until 2020, reaching 37.8 million tons, while the corn exports are expected to rise 80.3 percent, to 12.6 million tons. Corn and soybeans are the most produced grains in Brazil.
 
According to the Ministry's Strategic Affair's Coordinator, Jose Garcia Gasques, the exports' rise can be attributed to the rising demand for food products in the international market, which is caused by the emerging countries' development.
 
 
 

Xinhua




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