Brazil is expected to produce up to 128 million tons of corn in the 2024/25 harvest

The USDA anticipates that Brazil's corn production will increase to 128 million tons in the 2024/25 harvest, up from the National Supply Company's (Conab) forecast of 119.63 million tons and higher than the expected 122 million tons for the 2023/24 season. The harvest area is projected to expand to 22.3 million hectares. The country's corn consumption is expected to rise to 84.5 million tons, and exports are forecasted at 48 million tons. Conab also predicts a 3% increase in the area dedicated to cotton cultivation, with an estimated production of 3.69 million tons.

The United States Department of Agriculture (USDA) announced that Brazil is expected to produce 128 million tons of corn in the 2024/25 harvest. The data is above what the National Supply Company (Conab) forecasts – a total production of 119.63 million tons. The information is included in the Gain Report bulletin. The volume should exceed the 122 million tons expected for the 2023/24 season. According to the USDA, the area to be harvested should be 22.3 million hectares of corn, above the 22 million hectares of the season (2023/24). The consumption forecast by the attachés is estimated at 84.5 million tons of corn in the 2024/25 harvest. The volume is above the 83 million tons demanded in the 2023/24 harvest. Brazil's corn exports were forecast at 48 million tons in the 2023/24 season, up from 44 million tons in the 2022/23 harvest. Conab forecasts total production of 119.63 million tons, 3.4% higher than the previous harvest. In the first cycle of the cereal ...