Attache Pegs Brazil's 2012-13 Corn Crop at 68 MMT

March 30, 2012 05:42 AM

The U.S. ag attache in Brazil has issued its first look at the 2012-13 corn crop, pegging production at a record 68 million metric tons (MMT) due in part to an expected 12% increase in planted area. The attache left its estimate of 2011-12 production at 62 MMT.

"Corn production area (2012-13) is forecast at 16 million hectares, a 12% increase from the 2011-12 production area (though only a 6% increase in planted area—since 6% of the 2011-12 planted area was abandoned due to the drought). Post forecasts that the first-crop corn production area will remain constant and that overall 2012-13 area gains will come from increased second-crop corn production," it states. "In essence, half of that 12% increase corresponds to the recovery of the corn area lost to the drought; the remaining 6% growth will come from increased second-crop corn production, particularly in the states of Mato Grosso, Goiás, and Paraná."

In the year ahead, the attache expects record exports of 12.5 MMT.

Back to news



Spell Check

No comments have been posted to this News Article

Corn College TV Education Series


Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!


Market Data provided by
Brought to you by Beyer