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Brazil corn crop seen worsening market glut

Saturday, June 13, 2015 - 05:50
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THE 'LITTLE CROP' THAT KEEPS GROWING: Brazil's corn productivity has risen by 60% over the past decade to 5,200 kg per hectare as farmers adopt better seeds.

Sao Paulo

DON'T be fooled by the name. Brazil's so-called little crop is going to be bigger than ever, flooding an already oversupplied global corn market and further pressuring prices.

Forecasters increased output estimates this week to 81 million tonnes for the summer and winter