The U.S. Department of Agriculture (USDA) is estimating total corn production for marketing year (MY) 2020/21 in Brazil at a record 102 million metric tons (mmt), lower by 6 percent from last month, and equal to last year’s record crop.
USDA released its World Agricultural Production report on Wednesday, May 12.
Total harvested area, for all three corn crops, is estimated at a record 19.7 million hectares (mha), up 1.2 mha (6 percent) from last year’s record area of 18.5 mha.
Yield is estimated at 5.18 tons per hectare (t/ha), about 6 percent lower than last month’s and last year’s crop, 10 percent lower than the previous record of 5.77 t/ha in 2018/19, and similar to the 5-year average of 5.20 t/ha.
Weather conditions were dry during the early months for the first-season crop but improved in December with sufficient rainfall.
Brazil soybean production for marketing year (MY) 2020/21 is forecast at a record 136.0 million metric tons (mmt), up 7.5 mmt (6 percent) from the MY 2019/20 revised record crop of 128.5 mmt.
To read the full report, click here.
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