Brazil Crop Outlook - 3

Summer Corn Area to Fall Again

Brazilian summer corn area is expected to decline around 2% to approximately 14.5 million acres when planting begins in September as farmers switch to cheaper soybeans. (Photo courtesy of Rabo Agrifinance)
Brazilian summer corn area is expected to decline around 2% to approximately 14.5 million acres when planting begins in September as farmers switch to cheaper soybeans. (Photo courtesy of Rabo Agrifinance)
The trend for summer corn area to decline will continue in Brazil, exacerbated in the upcoming 2015-16 season by a credit crunch which will prompt farmers to opt for soybeans.

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