agriculture > REPORT
They project a historic grain harvest in the South American giant, along with a rise in meat exports
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November 18, 2022 at 12:45 p.m.
Brazil on track for a record grain harvest in 2022/23, which would exceed 300 million tons for the first time (and easily), with records in soybeans, corn and wheat. Meanwhile, Uruguayan exporters attribute a good part of the fall in cattle prices to aggressive sales from Brazil. The country’s export capacity will push prices downas anticipated by market analysts and the prices for 2023 of agricultural commodities in the Chicago market.
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