Brazil’s second corn planting at 86% of estimated space, beneath historic common

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Brazil’s second corn planting at 86% of estimated space, beneath historic common

SAO PAULO, March 22 (Reuters) - Planting of Brazil'


SAO PAULO, March 22 (Reuters)Planting of Brazil’s second corn within the Heart-South area reached 86.2% of the world, some 10 share factors beneath the historic common for this time of yr, in keeping with an estimate on Monday by Safras & Mercado, an agribusiness consultancy.

Brazil’s second corn, which is planted in the identical areas as soybeans after the oilseeds are harvested, might be planted on an estimated 14.1 million hectares (34.eight million acres) within the Heart South this season, Safras stated.

This yr, heavy rains delayed the harvesting of Brazil’s soy and affected the second corn season in large producing states, elevating fears of home provide shortages, particularly amongst meatpackers.

Presently final yr, planting of Brazil’s second corn crop — which is able to symbolize round 77% of the nation’s output this season, in keeping with the federal government — had reached 90.3% of the world, Safras knowledge confirmed.

In a separate report on Monday, consultancy AgRural stated drier climate helped farmers reap extra of their 2020/2021 soybeans over the previous few days.

By Thursday, 59% of Brazil’s soy space had been harvested in contrast with 66% final season, AgRural stated.

(Reporting by Ana Mano; Enhancing by Bernadette Baum)

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