In Brazil, despite continued delays in planting, a record corn harvest is expected

Published 2023년 3월 17일

Tridge summary

Despite delays in sowing the second corn crop in Brazil, the country is still on track for a record national production, as per official data. This has offset the reduction in global production estimates in Argentina. Despite these conditions, domestic consumers in Brazil are only purchasing new lots of commodities as needed. However, some buyers are facing difficulties due to logistical issues, exacerbated by the priority given to the transportation of soybeans with the advancement of their harvest.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Despite delays in the sowing of the second corn crop in Brazil, official data continues to point to record national production. In Argentina, new downward adjustments in estimates led to a reduction in world production - which did not fall more intensely only because of the larger harvest in Brazil and the maintained production in the United States. In this context, researchers at Cepea indicate that while producers are focused on fieldwork, domestic consumers acquire new lots only when there is a need to replenish stocks. Still, some buyers are having difficulties ...
Source: Pig 333

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