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Maize production in Brazil for the 2024/25 season is forecasted to reach 122 million tons, which is 5.5% higher than the previous season.
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Maize production in Brazil for the 2024/25 season is forecasted to reach 122 million tons, which is 5.5% higher than the previous season.

Conab experts forecast corn production in Brazil for the 2024/25 season to reach 122 million tons (+5.5%). The soybean forecast has also been adjusted to 166 million tons (+18.3 million tons). Corn yield is expected to increase by 9.9%, while exports will decrease to 34 million tons due to the growth of domestic demand.

20 February 2025 20 February 2025

Experts from Conab have updated their forecast regarding the upcoming corn harvest in Brazil for the 2024/25 season. According to their new projections, corn production is expected to reach 122 million tons, which is 5.5% higher than the previous season.

It is worth noting separately that the production of the first crop grain is expected to reach 23.6 million tons. This can be explained by a 9.9% increase in average annual yield despite a 6.6% reduction in planted areas.

As for the safrinha corn production, a harvest of 96 million tons is expected. Additionally, an expansion of planting areas by 2.4% per year is anticipated (currently 18.8% of the corn-designated areas have been planted), with an average yield increase of 6.4%.

It should be emphasized that Conab analysts have reduced the corn export forecast to 34 million tons, taking into account the continuous growth of domestic demand and, as a result, a decrease in sales volumes in the international market. Domestic demand for grain is estimated at 86.9 million tons in the 2024/25 season.

Regarding soybean production in Brazil, the forecast figure has also been adjusted from the previously expected 166.33 million tons to 166 million tons (+18.3 million tons per year).

 

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