Tag: conab

Corn production at record 100.5 million mt in 2019-20, Conab

Corn production in Brazil is pegged at record 100.5 million mt in 2019, according to the monthly crop survey published by national agricultural agency Companhia Nacional de Abastecimento (Conab). Corn prices in the Mato Grosso, the largest grain producer in the country, rose to Real 37.69/60 kg ($8.72/60 kg) as of the week ended February 7, up 76.5% on the year. The agency also pegged domestic consumption at 70.5 million mt against 65.2 million mt in 2018-19.