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By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL - The Brazilian grain crop is expected to grow 21.8 percent in 2017, according to a February estimate released today (March 9th) by the Brazilian Institute of Geography and Statistics (IBGE).

The report listed 224.2 million tons of grains, vegetables and oilseeds are to be harvested, 93 percent of which is soybeans, corn and rice.

The production estimate for 2017, calculated in February, varied positively by 1.3 percent in relation to January, which Subscribe to our Premium Membership Plan. Already Subscribed?