The higher-than-expected productivity in some areas of Brazil’s second corn crop (also known as “safrinha“) is expected to more than compensate for the planting delay and ensure record ...

that potential downward revisions to production in Grande do Sul - where the quality of grains has also been a concern - would not prevent Brazil from harvesting a record crop this season.

Grains end higher Thursday with technical buying and short covering by the funds. DuWayne Bosse, Bolt Marketing, says May corn closed above the 20-day moving average which also triggered some ...

Private estimates currently have the Brazil crop around 150 million metric tons, down 15 mmt from early in the season. Doherty says with the recent weather the perception is production has stabilized.

The deal marks Nutrien’s sixth acquisition in Brazil since 2019, when it set a strategic goal to build its market share in a country that is vital to feeding a growing global population. The buyout ...