Consultant Lowers Brazilian Bean Crop Slightly

April 2, 2013 10:00 AM
 

South American crop consultant Dr. Michael Cordonnier has lowered his estimate of Brazil's bean crop by 0.5 MMT to 81.5 MMT due to disappointment yields of early maturing soybeans in Rio Grande do Sul and poorer seed quality in northeast Brazil due to heavy late-season rains. But he left his Brazilian corn estimate unchanged at 74 MMT and says any revisions will depend on when the rainy season in Mato Grosso ends or if cold temps move into Parana before the crop matures.

Dr. Cordonnier 2012-13 Soybean Estimates

Est.
Maximum
Minimum
2011-12

in million metric tons

Brazil
81.5
83.0
80.0
66.5
Argentina
50.0
52.0
48.0
41.0
Paraguay
8.75
9.0
8.5
4.0
Bolivia
2.2
2.5
1.8
2.2
Uruguay
2.0
2.3
1.7
1.6
Total
144.45
148.8
140.0
115.3

Dr. Cordonnier 2012-13
Corn Estimates

Est.
Maximum
Minimum
2011-12

in million metric tons

Brazil
74.0
78.0
71.0
72.5
Argentina
24.0
26.0
22.0
21.0
Paraguay
2.0
2.4
1.7
1.9
Bolivia
0.7
0.8
0.6
0.7
Uruguay
0.4
0.5
0.3
0.4
Total
101.1
107.7
95.6
96.5

 


 

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