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
Secure your ticket with a SMART Rate by July 31!
East Grain strengthens position in Romania by acquiring controlling stake in Marag...
Syria is buying stolen Ukrainian grain again
Forecast of increased palm oil production in Malaysia will limit the rise in veget...
ANEC expects Brazil’s soybean exports in July 2025 at 12.11 mln tons
Write to us
Our manager will contact you soon