CORN PRODUCTION TO REACH 127.94 MILLION TONS IN 2022-2023

According to a recent estimate by Datagro, the corn area for the 2022–2023 summer crop in Brazil decreased by 2.5% to 4.49 million hectares. “Datagro estimates 19.27 million hectares, 5.3% more than the 18.31 million hectares of previous year, with 3 million hectares in the North-Northeast and 16.27 million in the Center-South. The entity forecasts an area of 23.77 million hectares for the two harvests combined in 2022–2023, up 3.7% over the 22.92 million hectares of the previous cycle. Potential output is 6% more than the previous and revised cycle at 127.94 million tons (120.75 million tons).

Sources: DATAGRO/NOVA CANA (*Translated by Ia Niani)