(NDAgConnection.com) – In the fields of corn in Brazil, the second largest exporter in the world after the United States, farmers are wrapping up an annual harvest, which will reach a record high.

The increase in surface area, generally favorable climatic conditions, and increased productivity enabled the country to double its sales abroad.

Brazilian grain production will increase by 30.1% this year and reach a total of 113.3 million tons, driven by a similar historic second crop, with 86.1 million tons of maize (+41.8%) produced, according to the national supply company (Conab) in its group. Final report for the season.

Brazil is expected to export nearly 40 million tons of corn, compared to 20.8 million tons last year.

“The global market is more focused on the US harvest and the sharp drop in production in Europe,” Safras e Mercado analyst Paolo Molinari told AFP.

But Brazilian corn is reassuring about the availability of grain. Without this harvest, the upward trend in prices would be much greater,” he adds.

Due to a severe drought, China, the major producer and consumer of corn, hastened its negotiations with the South American giant and signed an agreement in May to open its market to Brazilian grain, while temporarily waiving some phytosanitary requirements associated with cultural regulations. Management.