Brazil corn harvest expected to hit 100 mln t
Owing to favourable weather conditions and good condition of corn crops planted at early terms, the bulk grain yield in Brazil in 2019 is expected to vary between 95 and 100 million tons, APK-Inform reports with reference to AgriCensus.
In particular, the yield of Brazilian corn of the first crop should reach 26 million tons, and the production of Brazil safrinha corn is expected at a record level of 74 million tons.
It is noted that the majority of analysts' forecasts regarding the bulk yield of corn in Brazil are about 94 million tons. Thus, the USDA experts' latest estimate stands at 94.5 million tons.
Previously it was reported that in the period from March 30 to April 5 grain shipments from the Ukrainian seaports reduced to 700 thou. tons, 55 pct less from the prior year's comparative period (1.3 million tons).