In their report, Confrom analysts forecast Brazil's 2022 wheat crop at an all-time high as farmers cut the sown area below the Grains have expanded to a maximum in the last 32 years, reports Reuters.
In particular, according to the forecast of experts, Brazil may reach 9 million this year Tonnen Wheat harvest, exceeding the preliminary forecast (8,35 million tons) and the 2021 result (7,67 million tons). The analysts made an increased adjustment to the cultivated area - compared to the June forecast to 2,92 million Hektar (2,88 million hectares), which is also higher than 2021 (2,74 million hectares).
In addition, analysts expect wheat yields in Brazil to increase by 2022% per year in 10,3 – to 3 tons/hectare. It is found that in 1990 the yield of Brazilian Wheat only reached 1 ton/hectare.
According to Conab, farmers have carried out wheat sowing on 65% of the planned areas.