Rio de Janeiro, Brazil
August 27, 2004
The seventh estimate of the
cereal, legume, and oilseed plant crop indicate that the volume
of production this year should attain 119.479 million tons,
3.36% less than the 123.632 million tons harvested in 2003.
Compared with the estimate made in June, July's figures showed a
0.57% increase, reflecting alterations in the calculations made
by farmers.
The 2004 agricultural crop will be smaller than last year's as a
result of heavy rains, as well as the drought that affected the
most important centers of production. This is the assessment
made by the manager of the Brazilian Insitute of Geography and
Statistics' (IBGE) Systematic Survey of Agricultural Production,
Carlos Alberto Lauria, based on the data for July.
According to Lauria, "soybeans were the chief culprit behind the
decline in this year's crop, since it is responsible for 40% of
the entire domestic harvest. The drought in southern Brazil, the
main center of soybean production, caused the loss of more than
40% of the crop."
Lauria remarked that this year's remaining scheduled estimates
will not change the forecast for the overall harvest very much,
since approximately 85% of the harvest has already been
gathered. Wheat is the only crop still in the fields, but it
accounts for only 5% of the total.
Agência Brasil
Reporter: Cristiane Ribeiro
Translator: David Silberstein |