The 2nd corn harvest in 2016/2017 is expected to maintain the area, that is, stability due to the difficulty in obtaining credit on the part of the producer. However, the first projections point to a production of 23.2 million tons of cereal in the fields of Mato Grosso. An increase of 23,24% compared to the previous cycle. The gain should be driven by productivity, which is expected to jump from 74.2 bags per hectare on average to 91.5 bags. Corn production should rise 23,24% in the 16/17 harvest even with stable area
The maintenance of the area at 4.24 million hectares, according to the Mato Grosso Institute of Agricultural Economics (Imea), has as its main factor the producer's difficulty in obtaining credit, as seen in soybeans.
“In 2016, producers have seen greater difficulty in accessing rural credit for the 16/17 harvest, both for soybeans and corn. In addition to this fact, the corn harvest failure that occurred in 2016 has been a fear for the producer to have greater investments in terms of technology, especially for fertilization”, explains Imea.
The Institute also explains that this is why an average productivity of around 91.5 bags per hectare is expected, a volume similar to the 91.6 bags seen in the 2013/2014 harvest, when the State produced 17.7 million tons.
In total numbers, 23.297 million tons are expected in the 2nd corn harvest, above the 18.904 million tons harvested due to the drop caused by the lack of rain.
The biggest recovery in terms of production is expected in the Northeast region of 114.94%, a jump from 972.2 thousand tons to 2.089 million tons of corn. The region in question had harvested a volume of 2.362 million tons in the 2014/2015 harvest.
The Middle-North of Mato Grosso, the main cereal producing region, is expected to jump from 8.479 million tons to 10.019 million.
