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:
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 |