Mato Grosso, Brazil’s largest corn producer, initiated the off-season harvest for the 2023/24 season, with field work covering 0.5% of the area by May 17th, according to Imea. This start is faster than last year’s 0.28%, surpassing the five-year average of 0.16%. The mid-north region is leading with a harvest progress of 1.16% of the area. Despite a 7.3% reduction in planted hectares compared to the previous cycle, Imea estimates a harvest of over 45 million tons, down 14.2% due to decreased rainfall.
Source: Nova Cana
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