The soybean output was confirmed at 86.12 million tons, a new record with 31.6 million hectares planted, while the corn production fell two percent to 79.9 million tons. The Brazilian wheat production reached 7.66 million tons in the period, a hike of 38.7%, (2.14 million tons), with a 21.4% increase of the area planted.
Conab also estimates that if weather is generous, the soybean 2014/15 crop could be a new record, in the range of 94.8 million tons, which would mean a 10% increase over the current production.
Regarding corn, it is estimated that the crop could drop to 74.9 million tons, which would be 8.9% less that the 2013/14 crop.
However according to the official stats office, IBGE, Brazilian Institute of Geography and Statistics, the total crop was estimated at 193.6 million tons, or 2.8% higher than the previous 188.2 million tons of 2013/14.
Several reasons help to explain the difference in estimates: IBGE depends on the Planning and Budget ministry and appeals to a survey of Agriculture Production. Conab responds to the Agriculture ministry and surveys grains and oilseeds harvests.
Likewise IBGE works with the normal calendar (January/December) while Conab works on a crops-year which extends from April to March the following year
Mercopress