# SECOND CORN CROP FORECAST AT 16 MILLION TONS IN PARANA – WILLIAMS SERVIÇOS MARÍTIMOS LTDA.

> Deral raised its estimate for Parana's second corn crop to 16 million tonnes, a record that is about 180% above last season's drought- and frost-hit crop. Soybean output in the state is forecast at 12 million tonnes, down about 39% from the prior cycle due to drought. Wheat planting was more than half complete.

- Date: 2022-06-01 · published 2022-06-01T12:00:00.000Z
- Category: report · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/13717-second-corn-crop-forecast-at-16-million-tons-in-parana-williams-servicos
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

The record corn crop adds to Brazilian export supply, which is bearish for corn. The sharp drop in soybean output tightens soybean and meal supply, which is bullish for those markets.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-01-07 | [CENTER-WEST PREPARES TO EXPAND AREA OF SECOND CORN CROP – WILLIAMS SERVIÇOS MARÍTIMOS LTDA.](https://feedsoft.ai/events/60942-center-west-prepares-to-expand-area-of-second-corn-crop-williams-servicos.md) | -0.7% | +0.1% |
| CORN | 2020-08-26 | [CORN HARVEST HAS ESTIMATED RECORD IN BRAZIL – WILLIAMS SERVIÇOS MARÍTIMOS LTDA.](https://feedsoft.ai/events/51442-corn-harvest-has-estimated-record-in-brazil-williams-servicos-maritimos-ltda.md) | +1.5% | +7.0% |
| CORN | 2019-02-21 | [BRAZIL SHOULD HAVE 2nd CORN CROP 21% HIGHER WITH PRODUCTIVITY GAINS – WILLIAMS SERVIÇOS MARÍTIMOS LTDA.](https://feedsoft.ai/events/60442-brazil-should-have-2nd-corn-crop-21-higher-with-productivity-gains-williams.md) | -0.3% | +2.0% |
| CORN | 2021-06-30 | [ITAU BBA SAYS CORN ETHANOL HAS LIMITED PROFITABILITY FOR NOW – WILLIAMS SERVIÇOS MARÍTIMOS LTDA.](https://feedsoft.ai/events/46554-itau-bba-says-corn-ethanol-has-limited-profitability-for-now-williams-servicos.md) | -0.4% | -10.6% |
| CORN | 2025-08-15 | [USDA Forecasts Record Corn Crop at 16.7B Bushels](https://feedsoft.ai/events/23269-usda-forecasts-record-corn-crop-at-16-7b-bushels.md) | +2.6% | +5.0% |
| SOY | 2025-08-15 | [USDA Forecasts Record Corn Crop at 16.7B Bushels](https://feedsoft.ai/events/23269-usda-forecasts-record-corn-crop-at-16-7b-bushels.md) | +2.6% | +1.7% |
| SOY | 2022-10-11 | [Wheat, corn futures slip ahead of key USDA crop forecasts \| Financial Post](https://feedsoft.ai/events/5088-wheat-corn-futures-slip-ahead-of-key-usda-crop-forecasts-financial-post.md) | +0.8% | +4.8% |
| SOY | 2018-02-23 | [USDA sees mixed crop forecasts in 2018 \| World-grain.com \| February 23, 2018 15:54 \| World Grain](https://feedsoft.ai/events/66354-usda-sees-mixed-crop-forecasts-in-2018-world-grain-com-february-23-2018-15-54.md) | +2.5% | -0.2% |

## Sources

- williams.com.br: https://williams.com.br/second-corn-crop-forecast-at-16-million-tons-in-parana/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.