Brazil 2020/2021 complete corn crop forecast lower by virtually 8% -Safras & Mercado

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Brazil 2020/2021 complete corn crop forecast lower by virtually 8% -Safras & Mercado


SAO PAULO, April 30 (Reuters)Brazil’s 2020/2021 complete corn crop estimate was lowered by virtually 8% to 104.1 million tonnes as dry climate is affecting yields of the nation’s second corn plantings, mentioned forecaster Safras & Mercado on Friday.

The general output forecast was affected by a lower of some 10 million tonnes of Brazil’s second corn forecast, now anticipated to be 70.7 million tonnes, in line with Safras.

(Reporting by Roberto Samora Writing by Ana Mano Enhancing by Chizu Nomiyama)

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