NEWS
South America Calling Blog
Alastair Stewart South America Correspondent
Tue Jul 30, 2013 04:43 PM CDT

SAO PAULO, Brazil (DTN) -- Brazilian corn farmers are stressed.

Last year, they enjoyed handsome margins on their bumper second-crop corn, but the outlook is very different this season.

With the harvest nearly 40% complete, the second crop looks to be even bigger than last year -- at around 45 million metric tons (mmt) in the center-south compared with 38 mmt -- but prices are much lower.

The situation is most dramatic in Mato Grosso, Brazil's biggest grain state, where the costs of the country's logistical shortcomings are most pronounced.

Corn was quoted at 8.80 Brazilian reals per 60-kg bag ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
South America Calling
South America Calling
South America Calling
South America Calling
Brazil's Second-Crop Corn
South America Calling
South America Calling
South America Calling