Agroconsult said this Tuesday, 21, that Brazilian corn output and exports would likely achieve new historical highs, with a projected harvest of 125.5 million tons in the 2022–2023 season and shipments expected at 51.9 million tons in the year. Corn output is expected to achieve lower results than the 130.9 million anticipated by the entity in January. An early projection of growth for the planting area of the second crop was not confirmed and should remain stable at 16.7 million hectares. The predicted total corn acreage was 22 million hectares, a year-to-date drop of 0.8%.
Source: Nova Cana (*Translated by Ia Niani)