Brazil’s Soybean Crop Faces Losses
Corn estimates continue to fall due to drought
Recent rains have relieved farmers in the southernmost state of Brazil, Rio Grande do Sul, reports Successful Farming.
Yet, the relief is just for those who did not plant corn –- only soybeans. There is not time enough to recover the coarse grain.
Curitiba consultancy AgRural has adjusted production in the state to 4.3 million metric tons of corn, which is 22% of what was forecast in December.
Overall, the Brazilian first-corn crop, harvested in the summer, is expected to reach 25.6 million metric tons or 800,000 less than the previous estimate.