SECOND CORN PRODUCTION COULD GROW MORE THAN 5% IN 2023

According to the startup 4intelligence, which uses satellite photographs to monitor 12 million hectares in 420 municipalities, Brazilian corn output could top 95.9 million tons in the second harvest. The volume has increased over the prior year by 5.5%. The company mentioned farms in Goiás and Mato Grosso, where farmers should harvest 106.5 and 106.3 bags per hectare, respectively, for a substantial average yield. In several towns of the state of Mato Grosso, such as Sorriso, Lucas do Rio Verde, and Nova Mutum, productivity can exceed 110 bags per hectare. Even in Paraná and Mato Grosso do Sul, where farmers had greater difficulty planting due to the rains, the yields will be 93.4 (-1.5%) and 87.2 bags (+4.7%) per hectare.

Source: Revista Globo Rural (*Translated by Ia Niani)