Archive for June 29th, 2021

BRASILIA, BRAZIL — Delayed planting and continued dry conditions has dropped Brazil’s estimated corn production 11 million tonnes, to 94 million tonnes, for the 2020-21 marketing year, according to a Global Agricultural Information Network (GAIN) report from the US Department of Agriculture (USDA).

If realized, the 2020-21 marketing year corn production would be the lowest Brazilian corn production volume since the 2017-18 marketing year, which also was challenged by drought.

The USDA also has reduced its 2020-21 marketing year corn export forecast ...