Brazil's second harvest corn planted area will be 3.9% smaller compared to the last harvest
Maize (Corn)
Brazil
Market & Price Trends
Published Mar 28, 2024
Tridge summary
Agroconsult has revised its forecast for Brazil's second harvest corn area to 16.3 million hectares, a 3.9% decrease from the last harvest, due to recent falls in input prices. Consequently, the production estimate has been adjusted to 96.4 million tons, reflecting a 10.9% reduction from the 22/23 harvest figures. To further assess the situation, the Harvest Rally, comprising six teams, will inspect the second harvest corn crops through May and June across regions accounting for 97% of the soybean production and 72% of the corn area.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
The new estimate released by Agroconsult points to an area adjustment for second harvest corn. The size of the planted area in the country is 16.3 million hectares, a reduction of 3.9% compared to the last harvest. The reason is the drop in input prices in recent weeks, which led producers to define the area in later regions, points out the consultancy in its most recent survey. Production is estimated at 96.4 million tons, a drop of 10.9% over 22/23. The Harvest Rally will continue in May and June, with six teams evaluating second harvest corn crops. The areas visited account for 97% of the soybean production area and 72% of the corn area. Read also: Planted area grows and ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.