South American Crop Estimates

25/01/12 -- Here's a summary of the latest crop production estimates from as many analysts and government bodies as I can find. Using the average of all these estimates Brazil is still on for a record corn crop this year, with Argentina only missing out on setting a new record of its own by half a million tonnes.

For soybeans Brazil is set to have its second highest crop, bettered only by last year's record 75.5 MMT. Argentina is set to match last year's second highest total on record:




























































































































































































Product
2010/11 USDA
2011/12 Forecast
Argy Soybeans
49.0
USDA
50.5
Cordonnier
50.0
Macquarie Group  
49.0
Rosario GE
49.5
Oil World
48.5
IGC  
51.0
Cropcast  
45.0
Average  
49.0
Braz Soybeans
75.5
USDA
74.0
Cordonnier
71.0
Celeres  
74.4
Conab
71.8
Macquarie Group  
73.6
Oil World
72.0
IGC  
71.8
AgRural  
70.2
Average  
72.4
Argy Corn
22.5
USDA
26.0
Cordonnier
21.0
Rosario GE
21.4
Macquarie Group  
25.6
IGC  
23.0
FAO  
21.4
Cropcast  
22.2
Average  
22.9
Braz Corn
57.5
USDA
61.0
Cordonnier
58.0
Celeres  
62.0
Conab
59.2
Macquarie Group  
60.0
IGC  
59.0
Average
59.9