The record corn production recorded in the 2016/17 harvest, which resulted in falling prices and a high carryover stock, should have an impact on the next harvest. The scenario was presented by the Agricultural Products manager of the National Supply Company (Conab), Thomé Guth, during the 1st Abimilho Seminar, held this Thursday (5), in Recife/PE.
During the event, the Company presented the prospects for the 2017/2018 harvest. According to the manager, the high availability of the cereal in the domestic market, combined with a context of ample supply also abroad, makes the profitability of corn lower than that recorded for soybeans, for example. In this context, a tendency for producers to migrate to more profitable crops is natural.
Other variables can also influence both the progress and planning of the harvest
Brazilian corn. One of these variables is the climate issue. “It is still too early to say, but the delay in rain in some important regions, during the summer harvest planting period, could shorten the window for the production of the second grain harvest, bringing a greater risk to the producer”, he warned. . “Sowing after the ideal period increases the chance of corn developing in a period of less rainfall,” explained Guth.
In 2016/17, the increase in the first harvest area, combined with excellent weather conditions, allowed Brazil to reach a volume of 97.2 million tons of corn.
