Hotter and drier weather in key Brazilian corn growing areas gave a boost to harvesting work, especially in Brazil’s top grain state Mato Grosso, according to a survey by AgRural released June 27.
The agribusiness consultancy said 20.3 per cent of the area cultivated with second corn was harvested in the center-south of the country through June 23.
That compares with 11.4 per cent in the previous week and 5.3 per cent in the same period last year, said AgRural. It raised Brazil’s total corn forecast to 113.8 million tonnes, citing expectations of a bigger corn output in the north and northeast.
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Harvesting lagged in Parana, Mato Grosso do Sul and Goias, according to AgRural, but was expected to progress more quickly last week in those regions.
Second corn, which is planted after soybeans are harvested, represents about 75 per cent of national production in any given year. It allows Brazil to become an aggressive exporter in the second half of the year, competing with heavyweight suppliers like the United States.
One consultancy pegged Brazil’s corn exports at 43 million tonnes this year due to incoming large supplies.
