24.4 C
New York
Tuesday, June 28, 2022
More

    Latest Posts

    Cargill unit stores corn in the open with accelerated harvest

    - Advertisement -
    Images of the corn, which resemble sand dunes or a series of yellow pyramids, show the product outside Cargill’s facilities in Boa Esperança (Image: Reuters/Henry Romero)

    At least one unit of the trading grains North-American Cargill is storing corn in the open in Mato Grossoaccording to records published in the twitter this Wednesday, reflecting the fast pace of harvest in the season.

    Ads

    The corn images, which resemble sand dunes or a series of yellow pyramids, show the product outside Cargill’s facilities in Boa Esperança, near the town of Sorriso.

    - Advertisement -

    Cargill said in a statement to Reuters that storing corn in open areas is a common practice, and that it can be done in regions where there is no significant rainfall at certain times, such as now in Mato Grosso.

    The video, taken by a farmer in the region, suggests that Brazil is poised to reap a big second crop of corn, after a bad 2021. They also illustrate historical logistical problems in Brazil.

    - Advertisement -

    Around 21,000 tonnes of corn are estimated to be outside the Cargill unit, Eduardo Vanin, a soybean analyst at Agrinvest, told Reuters. He cited a local grower’s estimate and posted the images of the corn on his own Twitter account.

    Another 12,000 tonnes should be deposited there in the coming days, according to Vanin, citing local contacts.

    Regarding the images, Cargill said that the corn is “in a temporary storage system that will be covered and will have a temperature control and aeration process to maintain the quality of the product”.

    Corn
    Planted after soybeans in the same regions, second crop corn accounts for about 75% of national production. (Image: Pixabay/tee_zett)

    Vanin said there are several other reports of corn stored outside silos in Mato Grosso by companies other than Cargill.

    O Mato Grosso Institute of Agricultural Economics (Imea)linked to producers, said last week that the second crop of corn in the state reached a sown area of ​​almost double the historical average for the period.

    Planted after soybeans in the same regions, second crop corn accounts for about 75% of national production.

    The forecast is for Brazil to produce almost 90 million tons, an increase of 46% compared to last year.

    Join our Telegram!

    Join the Agro Times group on Telegram. You access agribusiness news in real time and can also participate in discussions related to topics in the agribusiness world. Join the Agro Times group on Telegram now!

    Ads

    Source: Moneytimes

    - Advertisement -
    spot_img

    Latest Posts

    spot_img

    Don't Miss