Brazil is expected to increase beef production by over 10% in the coming decade, according to new agricultural projections.
The report published by the country’s Ministry of Agriculture and Livestock (Mapa) estimates that beef exports from the south American country will grow by 27% by 2034.
Poultry production is forecast to grow by 28% in the period, with exports to increase by almost 30%.
The report states that pork production will be up by 27.5%, while exports will rise by a similar percentage.
Mapa said that the projections have been strengthened by the various trade agreements made by the Brazilian government with other countries.
The department said the strengthening of established markets and forging new export links with other countries will guarantee Brazil “a prominent position in the international market”.
Brazil
The report shows significant growth predictions in the coming decade in the main crops, such as soya beans, winter corn, rice, beans, sorghum and wheat.
Crops such as coffee, cocoa and fruits also indicate “sustainable growth” in the period.
Mapa said that the planted crops area will increase by 15.5% by 2034, reaching 92.2 million hectares.
The crops that will see the greatest growth in planted areas are soya beans (25%), winter corn (25%), wheat (18%), rice (20%) and beans (38%).
The report said that soya beans will continue to have the highest production among grains, estimated to reach 199.4 million tonnes, an increase of 52 million tonnes.
Soya bean meal is expected to reach 48.5 million tonnes, increasing 8.36 million tonnes over the next 10 years.
Corn production will reach 153.1 million tonnes, a 32% increase, mainly in the winter harvest, following the practice adopted by producers of planting in succession to soya beans.
Commenting on the report, Silvio Farnese, director of economic analysis and public policies at Mapa, said: “It is important to consider that an important part of the growth in the planted area will be supported by the Degraded Areas Recovery Programme, with credit lines favored for the productive regeneration of surfaces, currently with low productivity.”