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Brazil reduces its food crop forecast for 2021; record tonnage still foreseen

RIO DE JANEIRO, BRAZIL - Brazil, one of the world's largest food producers, reduced by a slight 0.6% its grain harvest forecast for 2021 to 262.8 million tons, which would still be a record volume for the country, the government reported Thursday, June 10.

The estimates for the month of May cut by 1.7 million tons the production of cereals, pulses and oilseeds in Brazil compared to those disclosed in April, the Brazilian Institute of Geography and Statistics (IBGE) said in a note.

The result represents the second consecutive monthly drop in projections for 2021 and, according . . .

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