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BRAZIL CORN WATCH: Export sluggish on tight supply amid rising spot prices
Corn exports from Brazil have remained slow so far in July as harvesting delays and a smaller crop yield in 2020-21 turned suppliers cautious about making new sales.
Brazil corn exports during the first 12 business days of July stood at 523,906 mt, at a daily rate of 43,659 mt, against a daily rate of 173,010 mt in the whole of July 2020, customs department data showed.
Producers continue to limit the supply of corn in the spot market and prioritize deliveries of lots negotiated in advance, the Brazil-based Center for Advanced Studies on Applied Economics (CEPEA) said in a note.
Brazilian agribusiness is losing up to $1 billion dollars a year as rising deforestation cuts rainfall in the southern Amazon - a problem set to expand if forest loss continues, a group of Brazilian and German researchers have warned.
Updated:
June 05, 2021 13:59 IST
The new study looked at rainfall changes between 1999 and 2019 in the southern Brazilian Amazon as a model for future rainfall shifts
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In this Nov. 25, 2019 file photo, highway BR-163 stretches between the Tapajos National Forest, left, and a soy field in Belterra, Para state, Brazil. | Photo Credit:
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The new study looked at rainfall changes between 1999 and 2019 in the southern Brazilian Amazon as a model for future rainfall shifts
Brazilian agribusiness is losing up to $1 billion dollars a year as rising deforestation cuts rainfall in the southern Amazon a problem set to expand if forest loss continues, a group of Brazilian and German researchers have warned.
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BRASILIA (Thomson Reuters Foundation) - Brazilian agribusiness is losing up to $1 billion dollars a year as rising deforestation cuts rainfall in the southern Amazon - a problem set to expand if forest loss continues, a group of Brazilian and German researchers have warned.
In a study published in the journal Nature Communications in May, they found that smaller-scale forest losses can enhance rainfall on adjoining agricultural land - but once losses pass 55-60%, rainfall plunges.
Losses of tree cover in particular seem to delay the start and shorten the length of the rainy season, they found.
As Brazilian Amazon forest destruction continues, drier conditions could put a massive strain on the region’s mainly rainfed agricultural industry, the authors said.