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USDA attache sees Brazil 2019/20 corn crop at 100 million tonnes
July 13 (Reuters) - Following are selected highlights from a report issued by a U.S. Department of Agriculture attache in Brasilia:
Post maintains its corn production forecast for market year (MY) 2019/20 (March 2020 – February 2021) at 100 million metric tons (MMT), based on poor yields in the southern states of Rio Grande do Sul and Parana after a prolonged dry spell, partially offset by a large expansion of area in the Center-West state of Mato Grosso. Post raises its milled rice production estimate for market year (MY) 2019/20 (April 2020 – March 2021) to 7.48 MMT, based on year-over-year reduced area offset by record yields in the major production region. Post maintains its MY 2020/21 wheat production forecast of 5.6 MMT, which would represent growth of 8.7% year-over-year.
To read the full report, click: https://bit.ly/2DFlCPP
(Reporting by Julie Ingwersen; editing by Richard Pullin)
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