Brazil corn production forecast at 125 million metric tons by association president

Paulo Bertolini said that Brazil's corn production is expected to reach around 125 millions metric tons for the 2024/25 harvest. He added that corn consumption by the ethanol industry could soon double.

Bertolini said on the sidelines Abramilho’s third Congress in Brasilia that corn ethanol has already consumed around 20 million tonnes of corn in this year. He added that there is a tendency to consume more than twice as much in a short time.

Citibank analysts expect corn ethanol production to reach 16 billion liters in 2032. This is up from the 9.5 billion expected for 2024/25.

Bertolini stated that the demand for renewable fuels is encouraging further research. He added that ethanol produced from sorghum was also being investigated.

Bertolini stated that some of these plants (ethanol plants) are prepared to accept sorghum.

He added that operations to produce ethanol using sorghum will begin later this year in Brazil's Mato Grosso do Sul. Oliver Griffin, Kylie Madry and Oliver Griffin contributed to this report.

(source: Reuters)