Drought, Frost Plunge Brazil's Second Corn Yields To Decade Low | WHAT REALLY HAPPENED X-Frame-Options: DENY X-Frame-Options: SAMEORIGIN

Drought, Frost Plunge Brazil's Second Corn Yields To Decade Low

An agriculture nightmare plays out in Brazil as drought and frost cause second corn yields in the country's center-south to hit their lowest level in 10 years. Crop losses due to unfavorable weather may result in shortages and persistent food inflation due to Brazil is a top player in global corn production.

Reuters, citing a new report via agribusiness consultancy AgRural, said drought then frosts destroyed much of the crop this year. Brazilian farmers expect to harvest around 51.6 million tons of corn, down 19 million from last season's 70.5 million.

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