USDA FAS trims Brazil corn output forecast to 139 million tonnes for MY 2026/27 as fertilizer costs and El Nino weigh on second crop

12 Aug 2026
USDA FAS trims Brazil corn output forecast to 139 million tonnes for MY 2026/27 as fertilizer costs and El Nino weigh on second crop

Feed industry corn demand is projected to reach 62 million tonnes in 2026 as animal feed production grows 3.4%, even as high input costs and weather risks cloud the next planting cycle.

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