CONAB increase Brazil’s corn forecast in June Report

16 June 2022

CONAB increase Brazil’s corn forecast in June Report

CONAB Released latest forecast report of Brazilian crops on 8th June 2022. According to this report, CONAB Increased Brazilian 2021/2022 corn production forecast from 114.59 MMT in May to 115.23 MMT in June. CONAB rose corn production estimates for all three crops in June compared to the previous month of May.

 

Product

Area (Kha)

Production (KMT)

2020-21

2021-22

%

2020-21

2021-22

%

CORN TOTAL

  19,944

  21,661

   8.6

  87,097

 1,15,223

 32.3

1st Corn

    4,348

    4,535

   4.3

  24,727

    24,810

   0.3

2nd Corn

  15,000

  16,457

   9.7

  60,742

    88,016

 44.9

3rd Corn

       596

       670

 12.5

    1,629

       2,397

 47.2