Corn and Soybean n°10/2015: Brazil forecast to produce more

The monthly report of October 2015 released by the United States Department of Agriculture (World Agricultural Supply and Demand Estimates Report – WASDE) shows for the season 2015-16 the estimates of a decreasing global production of Corn (972.6 Mio t, -0.6% from September estimates) and of an increasing production of Soybean (320.5 Mio t, +0.3%).

U.S. Corn and Soybean production will be lower than estimated last month, but the average yield of their crop is expected to be slightly higher (168 bushels per acre for Corn, 47.2 bushels per acre for Soybean).

In Brazil, the third largest Corn producer and second largest Soybean producer, the production is projected at 80 Mio t of Corn and 100 Mio t of Soybean on higher area. A sharp decline in the value of the Brazilian real recent months is expected to leas to increased area despite lower international Soybean price this year.

Top Producers of Corn and Soybean

Top Producers of Corn and Soybean

Report n°10 (October 2015) about prices, production and global trade prospects for 2015-16 season.
MAIS-SOIA-OCT-2015-EN.pdf (598 kB)
Corn & Soybeans - October 2015: Report about prices, production and global trade prospects for 2015-16 season.


TwitterLinkedInFacebook... share
Elisabetta Viari

With a degree in Computer Science with specialization in IT for Management Level, she belongs to the Team. The Team is composed of young people who, with the help of Computer Science, study the dairy market and develop tools to provide the Operators of the dairy sector with a comprehensive real-time view of the Italian and international market trends.

Tagged with:
Posted in Brazil, Corn, Feed, Soy, United States

Leave a Reply