Brazil on pace for record corn production, exports
Corn exports from Brazil have increased by 221% in the first half of 2022 as importers seek to replace Ukrainian corn that isn’t making it to market due to the ongoing war with Russia.
Grain market review: Wheat
World wheat markets are at their highest price levels since 2008 as reduced supplies, held back by the conflict in Ukraine, a move by India to limit shipments abroad, and the weather.
Brazil’s soybean production facing fertilizer challenges
Brazil is expected to slow its soybean planting expansion in 2022-23, with just a 0.5% increase year-over-year, down from the 3.8% annual growth rate last year.
Brazilian corn production on the upswing
Expanded acreage and good weather during the safrinha growing season is expected to increase Brazil’s 2018-19 corn production by 18% over the previous market year. That trend is expected to continue into the next year, according to an April 8 Global Agricultural Information Network (GAIN) report from the Foreign Agricultural Service of the U.S. Department...