Corn has become an autumn and winter crop in many parts of Brazil over the last two decades, planted after summer soybeans.
Indeed, second-crop corn now accounts for around 55% of output.
But after a couple of years of rising acreage and excellent yields, this year's second crop has been more problematic.
Poor prices at the start of the year prompted many farmers to plant less second-crop corn this year.
In Mato Grosso, Brazil's No. 1 second-crop corn state, many other farmers gave up planting after rain delayed soybean harvesting and therefore planting of corn. Others planted ...