In Brazil, Reuters reported that Brazilian agribusiness consultancy AgRural raised its forecasts for Brazil’s 2024/25 corn and soybean crops, citing improved agricultural yields in several states.
Brazil’s total corn production is set to hit 128.5 million metric tons this season, AgRural said, up from a previously estimated 124.8 million tons.
Farmers in Brazil’s center-south region had harvested 1.3% of their second-corn areas by last Thursday, the consultancy said, up only 0.4 percentage points from the previous week owing to weather disruption to work in the fields.
“It could have advanced at a stronger pace but ended up limited by rain and lower temperatures,” AgRural said, noting that some areas in Mato Grosso do Sul and Parana states experienced frosts, though damage appeared to be isolated.
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Category: Food & Agriculture
