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Brazil Faces Corn Shortage Crisis
date:May 26, 2016
After Brazilian farmers watched a drought drop 2015/16 soybean yields, the second-corn harvest (safrinha) faces big yield losses due to adverse weather.

While it will turn to the U.S. for some corn imports, Brazils end users will look to Argentina to fill in the major supply gaps, market watchers have recently said.

The hot, dry weather recorded in April has hit cereal crops and dashed the expectations of many producers, particularly in the States of Gois, Mato Grosso, and Minas Gerais.

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12/23 01:41