SAO PAULO, Brazil (DTN) -- Corn planting in Brazil hasn't been profitable for two years. Indeed, if it wasn't for government support, some farmers in Mato Grosso would have lost big sums on their corn crops.
But growers continue to plant.
Total area will fall just 500,000 acres to 39 million acres this season, despite projections for more losses for much of last year, according to local farm analytics firm Agroconsult.
"The outlook wasn't great for corn, but farmers are now committed to planting corn as a second crop after soybeans and many will do so almost regardless of price," ...