Consultant Raises Brazilian Corn Crop Estimate

April 22, 2014 10:00 AM
 

 

 

Pro Farmer Consultant Dr. Michael Cordonnier has raised his Brazilian corn estimate due to indications farmers have planted more safrinha (second crop) corn acres than previously expected. He also notes that weather has been generally favorable. Dr. Cordonnier made no other changes to his South American crop estimates this week.

Dr. Cordonnier 2013-14 Soybean Estimates
Est.
Maximum
Minimum
2012-13

in million metric tons

Brazil
86.5
88.0
85.0
82.0
Argentina
53.5
55.0
52.5
49.5
Paraguay
8.5
9.0
8.0
9.3
Bolivia
2.5
2.7
2.2
2.6
Uruguay
3.2
3.5
2.8
3.0
Total
154.2
158.2
150.5
146.4
Dr. Cordonnier 2013-14
Corn Estimates
Est.
Maximum
Minimum
2012-13

in million metric tons

Brazil
72.0
75.0
69.0
81.0
Argentina
23.5
25.0
22.0
26.5
Paraguay
2.5
2.8
2.1
3.0
Bolivia
0.7
0.8
0.6
0.7
Uruguay
0.4
0.5
0.3
0.4
Total
99.1
104.1
94.0
111.6

 


 

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