Corn prices reach historic highs in Brazil

The agronomist Varlei Aparecido Perozin says that selling to China is paying off, since the country's demand is high.

RIO DE JANEIRO, BRAZIL - Well-filled leaves and large grains: signs that corn is almost ready to be harvested.

On a farm in Rio Preto (SP) there are 25 hectares of planted area. Last year, the harvest yielded almost two tons per hectare. This year, production should increase by around 30% and everything that is harvested will go to the animal feed industry.

The rural producer Antônio Ferreira Lara is excited with the growth and the price should also improve. Today, the bag is costing almost R$90, (US$16.40) more than double than at the same time . . .

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