Tidbits, Brazilian Crops, Corn Exports, Chinese Imports, PPI, Tractor & Combine Sales 4/15/26
- Wright team
- Apr 15
- 4 min read
Tidbits
Planting Feedback: Jeff in Minnesota sent us this information yesterday morning:
“Friend of mine around Charleston (far southeast) Missouri called last night. Record heat temps along with dry soils. Planting corn 2.5” deep to get in moisture. And he is a no till guy. He said guys around there planted all their corn in 4 days.”
Brazilian agency CONAB estimated yesterday total corn production 1.3 million higher, at 139.6 million mts, but below last year’s 141.2 million. The safrinha (second) crop is projected at 109.1 million mts, slightly higher due to expanded acreage.
CONAB raised its soybean production estimate by 1.3 million, at 179.2 million mts, above the 171.5 million last year.
Dr. Cordonnier raised his estimate for Brazil’s corn crop by 2 million mts to 134 million mts, while leaving Argentina’s estimate unchanged at 54 million mts (USDA is at 132 and 52 million).
He left his estimate for Brazil’s soybean crop unchanged at 179 million mts and also maintained Argentina’s estimate at 48 million mts (USDA is at 180 and 48 million).
The Brazilian currency is called the real. Yesterday, the real traded at its strongest level to the U.S. dollar in more than 2 years and at just 4.9866.
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