Cotton Cultivation in Brazil Falls 28% and Rice 24%

The eighth national 2005/2006 grain harvest survey, released Thursday, July 6, by Brazil’s National Supply Company (CONAB), indicates a production of 119.4 million tons, 4.8% more than the 113.9 million tons gathered in the previous harvest.

This figure compares unfavorably, however, with last month’s estimate of 120.3 million tons. The 0.7% decrease is a consequence of adverse climatic conditions, such as excessive rainfall in the Center-West region, and the incidence of fungus diseases, such as Asian rust in the soybean crop.

According to CONAB president Jacinto Ferreira, the climatic problems have no relationship with a lack of investment in technology.

"Agriculture has its risks, such as rainfall, since we have no way to compensate the lack of rainfall with fertilizer technology."

There was a 3.8% reduction in cultivated area, from 49.1 million hectares in the previous harvest to 47.1 million hectares in the current one. The reduction occurred mainly in the cultivation of cotton (-28.4%), rice (-23.5%), soybeans (-4.7%), and wheat (-14.3%).

According to Ferreira, the change in the country’s exchange rate policy may stimulate agricultural growth. "The exchange rate is one of the factors that might help raise rural income. This could logically lead to an increase in cultivated area and, consequently, greater production."

The survey was conducted between June 19 and 23 and included the following crops: cotton, peanuts, rice, oats, rye, barley, beans, sunflowers, castor beans, corn, soybeans, sorghum, wheat, and triticale.

ABr

Tags:

You May Also Like

Brazil and US: A Deal on Generics

Under the terms of a new agreement, poor nations will have to go through ...

Libya to Open Branch of Investment Firm in Brazil

The Libyan Arab Foreign Investment Company (Lafico), a state-owned company that controls Libyan government ...

Experts Expecting Lower Interest Rates in Brazil

According to the average expectation of market analysts, Brazil’s official annualized benchmark interest rate ...

New World Sonority

Organized over the Internet, gringo sambistas from 19 countries invaded the Sambadrome in Rio ...

Brazil Zebu Exporters Conquer the Middle East

The sales of zebu cattle should help increase Brazilian exports to the Middle East. ...

Brazil’s Breadmaker Nutrella Goes International

Nutrella, a traditional maker of breads, is getting ready to enter the foreign market. ...

How Can I Be a Contributor?

Brazzil is always open to new articles. We are interested in all subjects that ...

Lula Vows that Accelerate, Grow and Include Will Shape Second Term

Brazilian President Luiz Inácio Lula da Silva was sworn in yesterday, January 1st, for ...

London-Based Rio Tinto to Boost Six-Fold Iron Ore Production in Brazil

The world's second-largest iron ore producer – the first is Brazil's Cia. Vale do ...