Consultant Lowers Brazilian and Argentine Soybean Estimates

April 4, 2012 07:30 AM
 

South American crop consultant Dr. Michael Cordonnier says freezing temps in Argentina last week trimmed soybean yield potential in southern Buenos Aires, southern Cordoba, and parts of La Pampa and San Luis. In addition, soybeans in northern Argentina have begun suffering from a lack of moisture during the key pod-setting and pod-filling stages.
 

Dr. Cordonnier 2011-12 Soybean Estimates

Est.
Maximum
Minimum
2010-11

in million metric tons

Brazil
66.0
68.0
65.0
75.5
Argentina
45.5
47.0
44.0
49.0
Paraguay
4.5
5.0
4.0
8.3
Bolivia
1.7
2.0
1.4
1.6
Uruguay
1.7
2.0
1.4
1.5
Total
119.4
124.0
115.8
135.9

Dr. Cordonnier 2011-12
Corn Estimates

Est.
Maximum
Minimum
2010-11

in million metric tons

Brazil
58.0
62.0
55.0
57.5
Argentina
20.0
22.0
17.0
22.5
Paraguay
1.8
2.0
1.6
2.0
Total
79.8
86.0
73.6
82.0

 


 

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