Skip to content Skip to sidebar Skip to footer

Imea raises estimate for corn supply and demand in Mato Grosso

Logotipo Notícias Agrícolas

Imea (Mato Grosso Institute of Agricultural Economics) released a report showing updates on the corn harvest in the state. The survey highlights that the corn supply for the 2024/25 cycle is 50.56 million tons, an increase of 2.6% compared to the estimate in May/25 and 4.18% compared to the 2023/24 harvest. 

The area was estimated at 7.13 million hectares, an increase of 4.85% compared to the previous cycle. As for productivity, the Institute projected 117.74 sc/ha. 

“This progress reflects the good development of crops until the end of May/25, and the rains that remained present until the end of the month. As a result, even areas that were sown outside the “ideal” window benefited from these precipitations”, the report points out. 

Regarding demand, the forecast for the 24/25 season is 50.04 million tons, an increase of 2.56% compared to May/25 and 3.49% higher than the 23/24 harvest. 

“This increase was driven mainly by the growth in consumption in Mato Grosso, which rose 4.31% compared to the last harvest, leveraged by the increase of 9.35% in consumption by corn ethanol plants, responsible for 76.63% of state consumption. In exports, a growth of 9.45% is expected in the 24/25 harvest compared to the last one, with a share of 53.82% in total demand, totaling 26.93 million tons”, explain the Imea technicians. 

THE Bela Cereais works with the best grains on the market in the Central West Region and also keeps you up to date with the latest news and analyses on agribusiness.
Don't forget to follow our social networks.

Access News Source