Safrinha corn 77% planted in parana, Brazil vs. 94% last year

Parana is the second largest safrinha corn producing state in Brazil after Mato Grosso and farmers in the state have planted 77% of their safrinha corn compared to 94% last year. This represents an advance of 16% for the week. The ideal planting window for safrinha corn in Parana closed several weeks ago, but farmers continued to plant their corn because they had already purchased their inputs. In areas where the corn has not yet been planted, some farmers may opt to plant winter wheat instead because late planted safrinha corn cannot be covered under crop insurance. Safrinha corn planting is slow in Parana because the soybean harvest has been delayed due to wet weather. The soybeans in Parana are 60% harvested compared to 75% last year. This represents an advance of 12% for the week. The soybeans left to harvest are rated 92% good compared to 55% good last year at this time. Conab estimates that Parana will account for approximately 15% of Brazil’s 2022/23 safrinha corn acreage. ...