# IBGE: In July, estimated harvest increase for 2020 is 3.8% | News Agency

> IBGE's July survey estimates Brazil's 2020 grain harvest at a record 250.5 million metric tons, up 3.8% from 2019. Soybean output is projected at a record 120.1 million tons, though Rio Grande do Sul's crop fell sharply to 11.2 million tons due to prolonged drought. Corn is estimated at 99.8 million tons and wheat output is up 41%.

- Date: 2020-08-11 · published 2020-08-11T12:00:00.000Z
- Category: report · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/51441-ibge-in-july-estimated-harvest-increase-for-2020-is-3-8-news-agency
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A record Brazilian soybean and grain crop adds export supply that can weigh on world prices, while the Rio Grande do Sul drought trims the southern soy and corn balance. Strong domestic and foreign demand for corn supports prices and encourages more planting.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-06-12 | [IBGE: in May, harvest estimate for 2025 is 332.6 million tonnes \| News Agency](https://feedsoft.ai/events/13492-ibge-in-may-harvest-estimate-for-2025-is-332-6-million-tonnes-news-agency.md) | +2.3% | -4.4% |
| SOY | 2017-07-11 | [June estimate indicates grain harvest increase of 30.1% against 2016 figure \| News Agency](https://feedsoft.ai/events/69793-june-estimate-indicates-grain-harvest-increase-of-30-1-against-2016-figure-news.md) | -3.5% | -5.9% |
| SOY | 2020-06-09 | [May figures reinforce record harvest estimate for 2020  \| News Agency](https://feedsoft.ai/events/52441-may-figures-reinforce-record-harvest-estimate-for-2020-news-agency.md) | +0.5% | +3.5% |
| SOY | 2017-06-08 | [IBGE: May estimate points to grain harvest 29.2% bigger than in 2016 \| News Agency](https://feedsoft.ai/events/70328-ibge-may-estimate-points-to-grain-harvest-29-2-bigger-than-in-2016-news-agency.md) | +0.1% | +5.4% |
| SOY | 2025-08-14 | [July estimate indicates a record crop of 340.5 million tonnes in 2025, an increase of 16.3%  \| News Agency](https://feedsoft.ai/events/13481-july-estimate-indicates-a-record-crop-of-340-5-million-tonnes-in-2025-an.md) | -0.8% | -0.8% |
| CORN | 2025-06-12 | [IBGE: in May, harvest estimate for 2025 is 332.6 million tonnes \| News Agency](https://feedsoft.ai/events/13492-ibge-in-may-harvest-estimate-for-2025-is-332-6-million-tonnes-news-agency.md) | +0.0% | -4.5% |
| CORN | 2019-07-11 | [Estimates for 2019 harvest increase, hit 236 million tonnes \| News Agency](https://feedsoft.ai/events/57935-estimates-for-2019-harvest-increase-hit-236-million-tonnes-news-agency.md) | +0.2% | -5.9% |
| CORN | 2017-07-11 | [June estimate indicates grain harvest increase of 30.1% against 2016 figure \| News Agency](https://feedsoft.ai/events/69793-june-estimate-indicates-grain-harvest-increase-of-30-1-against-2016-figure-news.md) | -4.3% | -4.6% |

## Sources

- agenciadenoticias.ibge.gov.br: https://agenciadenoticias.ibge.gov.br/en/agencia-news/2184-news-agency/news/28563-ibge-in-july-estimated-harvest-increase-for-2020-is-3-8

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