| w1891 - 3/8/2024 10:21
They still are pretty poor at growing corn when it comes to yield at least compared to the US as a whole. Brazil corn averages sub 100 bpa and in a few years their yields are half of what the US averages.
They just have a ton of acres and like wheat/DC beans in the US, the corn and beans crops complement each other so that neither crop has to carry all the production costs for the year.
The US Cornbelt has advantages because of the Carbon sequestered there by growing corn. It’s one reason why we grow dryland corn in our blowsands here in Kansas.. the 2nd year following Corn will yield a 20% generally speaking bump in wheat yields.. over time (like a couple centuries) we’re really gonna have something.
Its why some counties this past year had blowout yields.. but the rest of us didn’t.. during a drought no less.
Brazil is closer to Kansas Soils vs Iowa and Illinois soils. Over time.. they will improve if they grow high organic crops like Corn.. not as fast with soybeans.
…
in Regards to double crops.. that’s a high risk.. high return venture.. when prices fall.. so do double crop acres.. probably more so here in the US wheat soybean rotation.. but probably similar in Brazil.. the window is only so wide.. with risks increasing the later you plant.
Econ 101. |
State of Ag Banking
