Brazil: Areas under corn cultivation in the state of Parana decline by 33%

According to the Department of Agriculture, in 2017 – 2018 areas under corn cultivation in the state of Parana decline by 33% to 344.5 thousand hectares at 513.6 thousand hectares in the previous season.

In the last year, the price of corn fell 49% to 2.63 USD / bushel - in August 2017 (5.13). This forced farmers to decrease the areas under cultivation.

Many farmers though are going to sow second-crop corn.