South American Weather and Crop Update (5-6-25)

South American Weather and Crop Update (5-6-25)

While the weather is nice and clear in South America, it’s still notably dry. Allendale commodity broker Greg McBride said the weather is supportive for harvest progress in the short term, but the dryness could become concerning if it continues…

Brazil's 2024/25 Corn Crop Poised for Record-Breaking Harvest Amid Favorable Conditions

Brazil is on track to achieve one of its most substantial corn harvests in history for the 2024/25 season, driven by favorable weather conditions and increased planting areas. The Brazilian National Supply Company (CONAB) projects total corn production at approximately 124.7 million metric tons, marking an 8.5% increase over the previous year. This includes a second-season “safrinha” crop estimate of 98 million tons, which accounts for nearly 80…