Brazil Corn Crop Rose to 72.7 Million Tons, Soy Fell, Conab Says

Corn output in Brazil, the world’s third-largest producer, rose to 72.7 million metric tons in the 2011-2012 crop year that ended last month, the government said.

Production rose from 57.4 million tons a year earlier and compares with 72.8 million tons estimated Aug. 9, the Agriculture Ministry’s crop-forecasting agency, known as Conab, said in a report today.

Soybean output dropped to 66.4 million tons, the same as estimated last month, from 75.3 million in the previous crop year.

To contact the reporter on this story: Mario Sergio Lima in Brasilia Newsroom at mlima11@bloomberg.net

To contact the editor responsible for this story: James Attwood at jattwood3@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.