SLC Agrícola S A : Brazilian corn can be an alternative in the world market
June 21, 2022 at 10:45 am EDT
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Brazilian corn can be an alternative in the world market
Analysts at TF Consultoria Agroeconômica believe that Brazil should escape the downward trend of corn, which is being experienced by most of the world. According to the specialists, the US Department of Agriculture's report last Friday (June 10th) indicated a slope that may be bearish for the rest of the world, but not for Brazil, because Brazil counts on the possibility of increasing demand for the grain by 10 million tons, which should make a difference.
TF analysts' estimates are that the demand will make the trading companies compete for goods in all corners of the country, enabling prices to rise in the second half of 2022.
Other factors that make the appreciation of corn during the week possible are the forecasts of adverse weather in some productive regions of the USA and the low stocks in China for 2022-2023, which has already signed a phytosanitary agreement to make Brazilian exports viable.
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SLC Agrícola SA published this content on 21 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 June 2022 14:44:05 UTC.
SLC Agricola SA is a Brazil-based company principally engaged in agricultural sector. The Company is active in the in the whole agricultural production cycle, which includes planning, purchasing supplies, soil preparation, planting and harvesting, as well as processing and storage, among others. The Company's activities are divided into two business segments: Agricultural production and Land portfolio. The Agricultural production division focuses on developing plantations of various crops, such as cotton, soybean, corn, wheat, coffee, sorghum, sugarcane and sunflower. The Land portfolio division is responsible for the acquisition and development of land for agriculture. The Company operates through a number of subsidiaries, such as Fazenda Planorte Empreendimentos Agricolas Ltda, SLC-MIT Empreendimentos Agricolas SA and Fazenda Parnaiba Empreendimentos Agricolas Ltda.
SLC AGRÍCOLA S.A. 
