date:May 30, 2014
Harvest of the main 2014 second season safrinha maize crop is about to begin. Earlier forecasts for the harvest have been revised upwards due to higher than expected plantings and better yield estimates.
Despite this revision, the safrinha maize crop, at an expected level of 43.5 million tonnes, would be 6 percent below last years bumper crop. The reduction in production mainly reflects lower plantings in response to low prices.
By contrast, production estimates for the first season harvest, w