Brazil corn outlook drops on delayed soybean sowing

Crop forecast for 2012–2013 at 13.3 million tons

Brazil’s second corn crop will be lower than expected in the state of Mato Grosso after soybean sowing was delayed, according to researcher Instituto Mato-Grossense de Economia Agropecuaria.

The delay was caused by a lack of rain, and soybeans had to be replanted in some municipalities. Farmers in Mato Grosso will seed 2.79 million hectares with corn, less than the 2.92 million hectares expected in October, according to reports. The yield forecast for corn is 4.8 metric tons per hectare, and Mato Grosso’s crop is expected to be 13.3 million tons in 2012–2013.