Brazil Reports Less Harvest This Year
Brazil is expected this year to yield 295.1 million tonnes of cereals, legumes and oilseeds, 6.4 per cent less than in 2023. The state-run Brazilian Institute of Geography and Statistics (IBGE) that Brazil planted 78.7 million hectares of land in 2024, up by 1.1 per cent from 2023. Rice, corn and soybeans, Brazil’s three main…