La Niña should not affect corn yields in Brazil

Published 2024년 10월 31일

Tridge summary

Summer corn planting in Brazil's Center-South region is at 15% of the planned area, but planting in the Center-West region has not started due to low soil moisture and high temperatures. The area allocated to first-crop corn cultivation is projected to decrease, following a downward trend. La Niña is not expected to significantly impact grain productivity in Brazil, but Argentina may be negatively affected by it and pests. Corn prices are recovering after a period of stability, and demand for Brazilian corn has increased due to reduced production in Argentina. India may begin importing corn this year to meet domestic demand. Corn ethanol production in Brazil is expected to consume a significant amount of grain, and dried distillers grains, a byproduct of ethanol production, are used in animal feed and have recently increased exports.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Agro em Dado bulletin, published by the Secretariat of Agriculture, Livestock and Supply (Seapa) of Goiás, summer corn planting in the Center-South region of Brazil has already reached 15% of the planned area in the first week of September. However, in the Center-West region, planting operations have not yet begun due to low soil moisture and high temperatures. For the 2024/25 harvest, a new reduction in the area allocated to the cultivation of first-crop corn is estimated, following the downward trend observed in the previous harvest, with projected drops of 10.7% in Brazil and 10.9% in Goiás. This continuous decrease is attributed to the reduced attractiveness of the crop during this period. The La Niña climate phenomenon, which is expected to intensify between October and November, should not cause significant impacts on grain productivity in Brazil, unlike what occurred in the last harvest, which was influenced by El Niño. Thus, the expectation is for higher ...

Source: Portal Do Agronegocio