Brazil: Corn planting still behind schedule, but harvest should be a record

Published Mar 24, 2023

Tridge summary

Record yields in Brazil have offset negative estimates in Argentina, keeping global production forecasts stable. Despite producers' focus on field work, domestic consumers in Brazil are only buying new batches of soybeans as needed. However, some buyers are experiencing logistical issues due to the advancement of the soybean harvest.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In Brazil, official data continue to show record yields, despite the delay in planting the second corn crop. In Argentina, new negative estimates led to a reduction in global production forecasts, which, it should be noted, did not fall further due to the larger harvest in Brazil and unchanged production in the United States. In this context, Cepea researchers indicate that, while producers are concentrated on field work, domestic consumers only buy new batches when there is a need to ...
Source: 3tres3

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