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"Successful Agriculture" reported on June 22 that survey data released by Reuters on Tuesday showed that from 2020 to 2021, affected by severe drought, Brazil's corn output is expected to be less than 94 million tons, a decrease of 8.
5% compared to the previous year
.
Brazil is one of the world's largest meat producers.
Affected by domestic feed demand, the decline in corn production will result in increased imports and decreased exports
.
Analysts pointed out that Brazil is expected to export 22.
5 million tons of corn this year and import 4 million tons
.
Reuters survey data in April showed that Brazil's 2020-2021 corn production is expected to be 107 million tons
.
However, the second season of corn, which determines the annual corn output, encountered severe drought during the growing period, which will cause the corn output this year to be much lower than previously predicted
.
5% compared to the previous year
.
Brazil is one of the world's largest meat producers.
Affected by domestic feed demand, the decline in corn production will result in increased imports and decreased exports
.
Analysts pointed out that Brazil is expected to export 22.
5 million tons of corn this year and import 4 million tons
.
Reuters survey data in April showed that Brazil's 2020-2021 corn production is expected to be 107 million tons
.
However, the second season of corn, which determines the annual corn output, encountered severe drought during the growing period, which will cause the corn output this year to be much lower than previously predicted
.
