Prospects for Brazil’s safrinha corn crop are improving
Analysts at Conab in their June report increased their forecast for Brazil’s 2023/24 MY safrinha corn production by 1.96 million tons to 88.12 million tons.
Brazil’s total corn crop in MY 2023/24 is expected to be 114.14 million tons.
At the same time, analysts slightly lowered their previous estimate of Brazil’s gross soybean harvest to 147.37 (-0.32) million tons, down 4.7% from MY 2022/23. As noted, despite the expansion of the planted area under the oilseed, unfavorable weather conditions had a negative impact on crops almost throughout the country.
Read also
India’s poultry sector presses for GM feed imports amid soaring costs
Atmospheric cycles predictor of long-range weather
Pakistan exported rice worth $3.203 bln in FY 2024-25
Palm flat as strong Dalian oils counter weak crude, Chicago soyoil
European Soft Wheat Flour Gains Ground in India as Quality Finds Growing Appeal
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon