Consultant Raises Brazilian Corn Estimate

October 5, 2011 05:35 AM
 

South American crop consultant Dr. Michael Cordonnier has raised his estimate of the Brazilian corn crop by 5 million metric tons (MMT) from last week to 62 MMT to 63 MMT. He says recent rains are encouraging timely planting.

 

Dr. Cordonnier 2011-12 Soybean Estimates

Est.
Maximum
Minimum
2010-11

in million metric tons

Brazil
73-74
76.0
71.0
75.5
Argentina
53-54
55.0
50.0
50.0
Paraguay
7-8
8.5
6.5
7.5
Bolivia
1.5-2.0
2.2
1.3
1.6
Uruguay
1.8-2.0
2.2
1.6
1.5
Total
136.3-140.0
143.9
130.4
136.1

Dr. Cordonnier 2011-12
Corn Estimates

Est.
Maximum
Minimum
2010-11

in million metric tons

Brazil
62-63
65.0
60.0
55.0
Argentina
26-27
28.0
23.0
22.0
Paraguay
2.0-2.5
2.7
1.8
1.6
Total
90.0-92.5
95.7
84.8
78.6

 


 

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