Corn in Brazil

By Eduardo Paim:

Here the development of corn is still very bad; the government said that we have a good production, but I disagree with this information. We are without good rains and maize was planted too late because many rains delayed soybean harvest. I think the corn will still give a big surprise here in Brazil, we have reduced production for sure.

The weather here is starting to get warm and dry, the corn price has plummeted in recent weeks because it is coming the time of harvest until June 20 we already have starting producing crops.

The price of soybeans has improved internally because companies are coming at the end of their stocks to be by the end of May.