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Brazil corn production forecast up on heavy rains

Brazil's corn production estimate has gone up almost 2 percent following heavy April rains in key production areas, according to crop forecaster Lanworth. The expectation for the 2012–2013 corn harvest is now 78.5 million metric tons, up from the previous estimate of 77.1 million metric tons.

Brazil‘s corn production estimate has gone up almost 2 percent following heavy April rains in key production areas, according to crop forecaster Lanworth. The expectation for the 2012–2013 corn harvest is now 78.5 million metric tons, up from the previous estimate of 77.1 million metric tons.

“April precipitation exceeded normal by 20 percent to 30 percent in core production districts of Mato Grosso and Mato Grosso do Sul, maintaining near normal soil moisture as the dry season began,” said Lanworth in a report.

Wheat production was forecast down in both Australia and Ukraine due to dry conditions. 2013–2014 wheat production in Australia has dropped to 24.3 million metric tons from 25 million metric tons, while Ukraine is now at 21.9 million metric tons from 23.3 million metric tons, according to Lanworth.

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