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Montevideo, March 28th 2024 - 17:46 UTC

Tag: Crop lower

  • Tuesday, June 26th 2018 - 08:51 UTC

    Brazil's second corn crop lower, but export forecast remains at 28m tons

    Agroconsult kept a forecast for corn exports at 28 million tons despite uncertainty related to freight truck prices

    Consultancy Agroconsult lowered its forecast for Brazil's so-called second corn crop to 55.2 million tons on Monday but left its export projection unchanged after a survey of fields in four states affected by planting delays and a drought. Agroconsult had estimated last month that the second crop, which farmers are currently harvesting, would total 57 million tons.