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August 13, 2020

Conab Increases Brazil's Corn Production 1.6 mt to 102.1 Million

Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.

In their August Crop Report, Conab increased their estimate of the 2019/20 Brazilian corn crop by 1.6 million tons to 102.1 million. If verified the crop would be 2.1% larger than the 100.0 million tons produced in 2018/19.

Most of the monthly increase was the result of a larger safrinha corn production which is now estimated at 74.9 million tons. This represents an increase of 1.4 million tons compared to last month. If verified, it would represent an increase of 2.4% compared to 2018/19.

The safrinha corn crop represents 73% of Brazil's total corn production. The full-season corn crop is estimated at 25.6 million tons and the third corn crop, which is produced in northeastern Brazil, is estimated at 1.5 million tons.

The safrinha corn acreage was up slightly from last month to 13.7 million hectares (33.8 million acres) or 6.7% more than 2018/19. The safrinha corn yield was increased to 5,454 kg/ha 86.7 bu/ac) compared to 5,370 kg/ha in their July report (85.3 bu/ac).

Conab increased the 2019/20 Brazilian soybean production by 0.1 million tons to 120.9 million. This represents an increase of 5.1% compared to the 115.0 million tons produced in 2018/19. The 2019/20 soybean acreage is estimated at 36.9 million hectares (91.1 million acres), which is 3.0% more than last year. The nationwide soybean yield is estimated at 3,273 kg/ha (48.7 bu/ac).

Conab will issue their first estimates of the 2020/21 crop production in Brazil in their October Crop Report.