According to estimates released by Safras & Mercado on Friday, 31, second corn production (safrinha) is expected to reach a record 92.2 million tons in 2022/23, up from the 87.7 million tons showed in the previous forecast, in January, primarily because of an increase in the planted area in Mato Grosso. The second crop area, which produces most of the country’s corn, was forecast to increase by 4.11% and take up 15.412 million hectares, surpassing the previous estimate by just over 450 thousand hectares. According to consultant Paulo Molinari, the biggest producer in the country, Mato Grosso, which is expected to farm 7.046 million hectares of corn in the second crop, has seen a rise of 8.1%.
Sources: Nova Cana/Reuters (*Translated by Ia Niani)