Concerns about Brazil’s Safrinha corn are intensifying.
Safrinha is second-crop corn planted after the soybean harvest.
Analyst Mark Schultz with Northstar Commodity in Minneapolis tells Brownfield production estimates are being lowered because of drought conditions in parts of Brazil.
“If Brazil does have a problem with their crop, and I’m talking to the tune of 10 to 15 million metric tons (below expectations), that probably opens the door (for) more export demand coming for U.S.
