Brazil Farmers Harvesting a Large Second-Corn Crop
Brazil’s farmers will produce a record 123.3 million metric tons of second-crop corn. Those numbers are from agribusiness consultancy Agroconsult after finishing a survey of fields in key corn-producing regions. Brazil’s farmers are harvesting the second corn crop now, which will account for 80 percent of national output this year. It’s mainly exported in the second half of the year, competing with U.S. corn suppliers in global markets. Good weather, especially abundant rains through April and May, helped yields in many key growing states. The consultancy said the new forecast represents an increase of 10.4 million tons over a May estimate by Agroconsult. It is 20.2 million tons above last season’s output. In Mato Grosso (MAH-toe GRAHS-so), Brazil’s biggest farm state, the average yield was up almost 12 percent from the previous year.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Wheat prices may increase in the second half of November
Drought and poor harvests are forcing Jordan to consider importing olive oil
EU eases climate plan to cut emissions by 2040
Brazil sowed almost half of planned area with soybeans
EU, Asia, and Africa remain key markets for Ukrainian corn exports in October
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon