Jul 24, 2025
2024/25 Brazil Corn Estimate Left Unchanged at 134.0 Million
Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.
The 2024/25 Brazil corn estimate was left unchanged this week at 134.0 million with a neutral to slightly higher bias.
Record corn yields are being reported in the all-important state of Mato Grosso. Imea is reporting a statewide yield of 126.25 sacks per hectare (120.4 bu/ac) with a production of 54.02 million tons. Their yield estimates keep increasing with each successive report. Other states in central Brazil are also reporting record corn production. Additionally, yields coming out of the states of Parana and Mato Grosso do Sul are reported to be better than expected.
AgRural reported that 55% of the safrinha corn has been harvested compared to 82% last year. This represents an advance of 15% for the week, which was the best harvest week thus far. The safrinha corn harvest in Mato Grosso reached 77% as of late last week. AgRural increased the Brazil corn production to 136.3 million tons vs. their last estimate of 130.6 million. They expect a safrinha production of 108.9 million tons and record yields in the states of Mato Grosso, Goias, Parana, and Mato Grosso do Sul.
Conab estimated the corn crop at 131.9 million tons, and the USDA is estimating the crop at 132.0 million. Below is the Brazilian corn harvest progress for July 18, 2025 from Patria Agronegocios.
