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Better Than Thought: Record Maize Crop Expected For Brazil

Farmer's Weekly

It is expected that record maize volumes will be realised in Brazil’s second crop-growing season, or the so-called safrinha, thereby increasing maize production for the 2018/2019 marketing year by 18% to 95 million tons.

This can be attributed to a 5% or 17,5 million hectare increase in the area planted to maize year-on-year, as well as favourable weather conditions, according to a statement by the US Department of Agriculture’s (USDA) Global Agricultural Information Network.

The crop would be available in August, and was expected to result in competitive maize prices, which would steer demand away from the wheat and barley markets.

It is expected that the area planted to maize production would increase by a further 18 million hectares for the 2019/2020 season, resulting in a projected harvest of about 97,5 million tons.

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