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NW Indiana | What news out of Brazil yesterday?
I found this interesting as well-
Heavy insect pressures this growing season has increased the cost of safrinha corn production in the state. Corn leafhoppers have been a particular concern and some farmers have had to apply insecticide 8 to 10 times to adequately control the insect.
The current spot price for corn in the state is in the range of R$ 49 to R$ 56 per sack (approximately $4.35 to $5.00 per bushel). For farmers who utilized a higher level of technology, the corn price needs to be about R$ 60 per sack (approximately $5.35 per bushel) for farmers to break even on their 2023/24 safrinha corn production. | |
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