Brazil's soybean stocks up 40.8% year-over-year to 27.1 million tons in H1 2011, IBGE says; coffee stocks up 7.9% to 804,113 tons; corn stocks fall 40.6% to 7.2 million tons

RIO DE JANEIRO , December 8, 2011 (press release) – The results of the Survey of Stocks of the first semester of 2011 point to a growth of 8.9% in the stocks of agricultural products, changing from 41,833,657 tons, in June of 2010, to 45,541,770 tons, in June of 2011.

The largest stocks recorded on June 30 of 2010 were soybean grain (27,098,919 t), which grew 40.8% in the June 2011/June 2010 comparison; followed by corn grain (7,217,887 t), which saw its stocks decrease by 40.6%; and rough rice (6,230,299 t), which grew 31.5%. Wheat in grain (2,826,398 t) dropped 18.3%, in this comparison, while the stocks of coffee in grain (804,113 t) grew 7.9%.

The survey shows an increase of 2.8% in the number of active establishments at the end of the first semester of this year, against the second semester of 2010. Considering the agricultural stock network with 9 345 active establishments, 45.1% were in the South region, 22.5% in the Southeast region, 21.1% in the Central-West, 8.1% in the Northeast and 3.2% in the North region.

The carrying capacity of conventional, temporary and inflatable warehouses totaled 77,023,431 cubic meters. From this total, slight more than 70.0% was concentrated in the Southeast and South regions. The automated and bulk warehouses totaled 57,274,616 tons of carrying capacity, with the Central-West region accounting for 49.0% and the South accounting for 33.0%. Grain silos accounted for 53,305,594 tons of the total carrying capacity in the country. The South region covered 57.0% of this total and the Central-West and Southeast regions, 25.1% and 13.1%, respectively.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.