Brazil in the new season will increase the production of maize

this season, Brazil has collected 100 million tons of corn, which is actively exported, which led to lower world prices and increased competition with the United States and Ukraine.

As of 23 November 2019 exported 36.7 million tons of corn and according to experts, till the end of the year, this figure will rise to a record 41 million tons, which is 80% higher than exports in 2018 and 33.5% higher than the current record, 2016

Rabobank Analysts predict that in 2020 domestic consumption of maize in the country will grow by 6% to 68 million tonnes, in particular boyanova industry will increase consumption by 2.5 million tons will Increase demand by feed manufacturers.

For the export of corn from a record of 40-41 million tonnes in 2019 may fall in 2020 to 30 million tonnes.

If Brazil, which is one of the largest suppliers of corn, will reduce supplies to world markets, the US, Ukraine and Argentina will be able to strengthen exports.

it is Expected that in 2019/20 Mr Brazilian farmers will increase compared to the previous season square svu corn by 3.5% to a record 18 million hectares.

Despite the risks associated with late sowing of maize, the second maize crop in the country may reach 101 million tonnes. In this case, corn production by 1% will exceed the official forecast of the government and will be a record. Corn second crop is 75% of the total grain production in Brazil.

the corn is the second crop, which is seeded after soybeans, sometimes delayed until March for the delay harvesting of soybeans. However, high corn prices will encourage farmers in sowing areas of the grain, even in spite of the weather factors, which can adversely affect second crop of corn.

On the back of high export demand domestic demand for corn in Brazil also remains high, as meat producers and increase biofuels procurement. Active exports this year have made the maize stocks in the country is limited to meet domestic demand at the beginning of 2020.