Brazil expects the second largest corn harvest in history, even with a drop in productivity.

Corn marketing has slowed down in Brazil, while concerns about the productivity of the safrinha and Conab's estimates mark the scenario for the 2025/26 season. According to CEEMA, corn prices remain firm in Brazil, reflecting the caution of producers and the delay in planting the 2026 safrinha. In the country's main markets, quotations range from R$ 52.00 to R$ 65.00/sack, while in Rio Grande do Sul they remain stable at R$ 61.00/sack. Conab projects a production of 138.9 million tons, which could become the second highest in the nation's history. Despite this, productivity in Mato Grosso could fall by 6.7%, resulting in an 8.4% reduction in state production. In December, Brazil exported 2.9 million tons of corn in the ...