According to the Systematic Survey of Agricultural Production (LSPA) of April, released by the Brazilian Institute of Geography and Statistics (IBGE), the 2022 corn crop is expected to total 111.9 million tons, a jump 27.5% compared to 2021, when there was a large drop in production. “After a sharp drop in production in 2021, the effects of the delay in planting and the lack of rain in the main producing units, a year within normality is expected, notably during the second harvest season, which is the main and must answer for 77.4% of Brazilian production. The national production of corn is likely to reach a new national record”, says the IBGE note. As for the second corn harvest, whose production was the main hit by the delay in planting and by the drought last winter, the production forecast is 86.6 million tons, a slight downward adjustment (0.7%) in relation to the March estimate. In comparison with 2021, the projection points to a jump of 39.4%.
Sources: Agência Estado/Nova Cana (*Translated by Ia Niani)