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Brazil Safrinha corn harvest slowed by wet weather

Brazil remains on track to produce a huge corn crop despite harvest delays.

Market analyst Michael Cordonnier with Soybean and Corn Advisor says Safrinha corn is five percent harvested compared to 21 percent a year ago.

“And the reason is there’s been a lot of late season rains in Brazil, much later than normal, so the crop is still very high in moisture. And very few farmers have on-farm storage, much less drying facilities.”

He tells Brownfield Brazilian farmers don’t have to worry about stalk quality like growers in the U.S. as corn dries down naturally.

“The rain is beneficial for the yields of course, it just slows down initial harvest. And multiple states in Brazil are expecting record Safrinha corn yields.”

Cordonnier is forecasting Brazil’s second crop corn at a record 130 million tons.