Agroconsult Reduces Their Brazilian Second Crop Estimate Following Crop Tour


Agroconsult, a private Brazilian consulting firm, cut their safrinha corn crop estimate down by 1.8 to 55.2 MMT, citing planting delays back in February and drought stress. They made no changes to their export estimate at 28 MMT, despite skyrocketing freight costs following the trucker protests back in May.

Grain handlers at Brazilian ports have halted farmer purchases due to these rising transportation costs.

Readers choice: TOP-5 articles of the month by UkrAgroConsult