Brazilian grain harvest rises almost 12 pct to reach all time record in 2007

10 April 2007

Sao Paulo, Brazil, 10 April – The Brazilian grain harvestthis year is expected to increase by 11.8 percent against 2006, reaching and all-time record of 130.7 million tons, Brazil’s Geographical and Statistics Institute (IBGE) said Monday in Brasilia.

According to the Institute, the record harvest is the result of greater production of crops for manufacturing bio-fuels, such as soy, maize and sugar cane.

Agricultural production in 2007 will exceed the harvest of previous years, including that of 2003 (123.6 million tons), which was the biggest ever.

The harvest of soy, a grain used to produce biodiesel, is this year expected to total 56.9 million tons, a year on year rise of 8.6 percent.

Brazil exports soy beans to China and these are one of the country’s main export products. (macauhub)