Agroconsult: Both Brazilian soybean and corn production would be cut

Agroconsult has released a new projection this Tuesday (09.05) that forecasts a reduction of output for both soybeans and corn. The total soybean surface would rise to 86.4 million acres (3 percent from last year), but as the yields would drop, the total output would fall to 111.1 million metric tons (4 percent less).

The summer corn crop would also shrink. The first of the two crops planted in a year in Brazil would be cut by 14 percent and would reach a volume of 26.1 million metric tons.

 

 

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