Bumper Brazilian Corn and Soybean Harvest

With harvest nearing the finish line, Brazil is bringing in a big crop. Brazil Intel owner and ag consultant Kory Melby points to early-season rains as the catalyst. “There are a few fields left, but in general, it has been a fantastic crop with spectacular yields. Places like Sinop and the northern end of Mato Grosso have received 2,500 millimeters this season, which is 100 inches of rain. That’s exactly what the doctor ordered for a bumper soy and a bumper corn crop.” Argentina is also looking at strong corn and soybean crops this year. “Soy and corn yields are coming in better than they anticipated, given some of the early season stress that they were having back in December. The Argentine soy and corn crop is probably a little bit better than earlier estimates.”