Brazil Will Have 2nd Largest Corn Harvest in History

Brazil's corn harvest for 2024-25 is expected to be the second largest in the country's history, with a projection of 127 million tons, according to a study by Joana Colussi, Gary Schnitkey, and Nick Paulson from the Department of Agricultural and Consumer Economics at the University of Illinois. The volume surpasses last year's record and previous estimates, driven by favorable rains in April and May, which benefited the main producing regions of the second crop, responsible for 78% of the total harvest. The most recent forecast from the National Supply Company (Conab) indicates that total production, combining the three crops, should reach 126.87 million tons — 10% more than in the previous season. Private consultancies, however, point to an even larger production, potentially reaching 137.16 million tons. The increase is not a result of a significant expansion of cultivated area, which rose by only 1.5%, but rather from the record yield estimated at 5.96 tons (99.4 sacks) per ...