Key Market Indicators
Brazilian grain production is projected to hit 146 million metric tons by 2028, up from approximately 130 million metric tons in 2023. This represents an average annual growth rate of 1.8%. Since 1966, Brazil's grain supply has seen a consistent year-on-year increase of 4.8%. In the global ranking for 2023, Brazil secured the fourth position. India led the ranking with a production of around 130 million metric tons, followed by the United States and another unspecified country. By 2028, Brazil aims to further solidify its standing in the global agricultural market, reflecting its long-term growth trend.
