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Syngenta to expand corn seed production capacity in Formosa, Brazil

2013-02-06 06:00:00| Corn & Soybean Digest

  Syngenta today announced plans to invest $77 million in the expansion of its corn seed production facility in Formosa, Brazil. Annual capacity will be quadrupled to 1.6 million bags by 2015. Corn production in Brazil is expected to almost double by 2020, spurred by growth in the pork and poultry sectors. Over the same period, the value of Brazil’s corn seed market is expected to reach $2.7 billion with increased second season production and greater technology adoption. read more

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Crop Production 2012 Summary: Corn 13% Below 2011, Soybeans Down 3%

2013-01-11 20:26:00| Corn & Soybean Digest

Source: USDA Corn for grain production is estimated at 10.8 billion bushels, up 1% from the Nov. 1 forecast but 13% below 2011. The average yield in the United States is estimated at 123.4 bu./acre. Soybean production in 2012 totaled 3.01 billion bushels, up 1% from the Nov. 1 forecast but down 3% from 2011. United States production is the seventh largest on record. The average yield per acre is estimated at 39.6 bu. read more

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