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Jul
19

Brazil to produce 100.56 million tonnes corn in 2019-20

In its report, Brazil’s national agricultural agency Companhia Nacional de Abastecimento (CONAB) has cut its corn production estimate for 2019-20 to 100.56 million tonnes from 100.99 million tonnes in its previous survey.In 2018-19, corn output in Brazil remainedaround 100.04 million tonnes.The first corn crop output estimate for Brazil has been raised slightly to 25.57 million tonnesin 2019-20, while the second corn crop projection has been cut to 73.53 million tonnes from 74.23 million tonnes. In Brazil, the first corn crop is planted during September-December and harvested in February-May, while the second crop is planted in February-March and harvested in June-July.The second harvest is currently underway in Brazil and as on July 6, 27 percent of the planted crop has been harvested.The reduction in the production estimate is primarily due to irregular rainfall and severe drought in some of the key corn growing regions of Brazil.Despite the latest downward revision to corn output, it will still be a record high, with a lower yield being offset by a higher planted area.Planted area of corn, both first and second crop, was estimated at 18.44 million hectares in 2019-20 compared with 17.49 million hectares the previous season.