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Taking only Brazil into account, the harvest projection was the same as the previous report, that is, 144 million tons, as well as the final stocks, which should also remain at 28.25 million tons. In the case of export figures, they were revised upwards, from 93 million tonnes to 94 million tonnes.
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For Argentina all data was reduced. Production went from 51 million tons to 50 million tons, exports went from 6.35 million to 5.35 million tons. Ending stocks fell from 25.7 million to 24.61 million tons. In China, production should remain at 19 million tons, ending stocks were reduced from 35.92 to 35.69 million tons, with exports falling from 101 to 100 million tons.
Production numbers were also reduced for the United States, dropping from 121.05 million tons to 120.45 million tons. In this scenario, final stocks increased, from 8.71 million to 9.25 million tons, and exports fell from 56.88 million to 55.79 million tons. The planted area should remain at 35.29 million hectares and the harvested area at 34.97 million hectares.
By: Leonardo Gottems | agrolink
