Conab cuts Brazil 2021-22 corn output forecast to 112.3 mil mt

he reduction in the 2021-22 corn production forecast was primarily due to drought, mainly between November and December 2021, in the southern states of Brazil, which was expected to lower the yield of the first corn crop.

Corn yield forecast for the first corn crop has been cut to 5.39 mt/hectare for 2021-22, from 5.495 mt/hectare in the January report. more[…]