Brazilian second-corn production set to rise by 11% this year
Investing.com -- Brazil’s second-corn farmers are set to boost production by 11% this year, reaching an estimated 99.8 million metric tons, according to the country’s national crop agency, Conab. This increase was announced on Thursday and is attributed to favorable weather conditions across key cultivation areas.
Conab’s May crop report detailed that farmers have completed the sowing of their 2024/2025 second-corn, which is typically planted after the soybean harvest in the same fields. In the majority of these producing regions, rainfall has proven beneficial for crop growth, leading to an increase in yields, as stated by Conab.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Which stock should you buy in your very next trade?
AI computing powers are changing the stock market. Investing.com's ProPicks AI includes 6 winning stock portfolios chosen by our advanced AI. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. Which stock will be the next to soar?