AgroPages-2015/16 South American crop acreage and production estimates-Agricultural news

It’s expected that South American soybean acreage to increase 3.4% (2,000,000 hectares) and for the corn acreage to decline 2.0% (400,000 hectares). It is very early of course and these estimates will change as the growing season progresses.

At this point, even higher soybean acreage in South America is estimated due to potentially more soybeans being planted in Brazil. For the corn crop, it’s estimated that the safrinha corn acreage may increase in Brazil while the corn acreage in Argentina may decline even further.

The total 2015/16 South American soybean production is estimated at 174.3 million tons or 3.6 million tons more than last year (+ 2.1%). The total South American corn production is estimated at 110.2 million tons or 3.8 million tons less than last year (- 3.3%).

2015/16 South American Soybean and Corn Acreage (mn ha.)
	Soybeans		Corn
Country	2014/15	2015/16	2014/15	2015/16
Brazil	31.9	33.0 (+ 3.3%)	15.7	15.7 ( 0%)
Argentina	20.5	20.9 (+ 2.0%)	3.2	2.8 (- 12.5%)
Paraguay	3.2	3.4 (+ 4.0%)	0.7	0.7 ( 0%)
Bolivia	1.08	1.28(+ 18.0%)	0.3	0.3 ( 0%)
Uruguay	1.4	1.5 (+ 7.0%)	0.1	0.1 (0%)
Total	58.08	60.08 (+ 3.4%)	20.0	19.6 (- 2.0%)

2015/16 South American Soybean Production (mn tons)
Country	Current Estimate	Maximum	Minimum	2014/15 Production
Brazil	99.0	103.0	96.0	96.2
Argentina	60.0	63.0	57.0	60.0
Paraguay	8.8	9.3	8.3	8.4
Bolivia	3.0	3.3	2.7	2.6
Uruguay	3.5	3.8	3.2	3.5
Total	174.3	182.4	167.2	170.7

2015/16 South American Corn Production(mn tons)
Country	Current Estimate	Maximum	Minimum	2014/15 Production
Brazil	84.3	88.0	81.0	84.3
Argentina	21.6	23.0	18.0	25.5
Paraguay	3.1	3.4	2.7	3.0
Bolivia	0.7	0.8	0.6	0.7
Uruguay	0.5	0.6	0.4	0.5
Total	110.2	115.8	102.7	114.0