# Estimates point to record harvest, pushed by corn production, in 2019 | News Agency

> IBGE's July survey projects Brazil's 2019 grain harvest at a record 239.7 million tonnes, up 5.8% from last year. Corn is forecast at a record 98.8 million tonnes, up 21.4%, helped by timely safrinha planting and good rains. Soybean output is estimated at 113.2 million tonnes, down 4%.

- Date: 2019-08-08 · published 2019-08-08T12:00:00.000Z
- Category: report · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/57421-estimates-point-to-record-harvest-pushed-by-corn-production-in-2019-news-agency
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A record Brazilian corn crop adds export supply that weighs on world corn prices and competes with US sales. The lower soybean estimate is mildly supportive for soy prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-07-10 | [June estimate points to record harvest of 333.3 million tonnes in 2025, rise of 13.9% \| News Agency](https://feedsoft.ai/events/13487-june-estimate-points-to-record-harvest-of-333-3-million-tonnes-in-2025-rise-of.md) | -1.0% | -3.0% |
| CORN | 2017-06-08 | [Record output of soybean and corn lead to a harvest estimate 29.2% bigger than in 2016  \| News Agency](https://feedsoft.ai/events/70327-record-output-of-soybean-and-corn-lead-to-a-harvest-estimate-29-2-bigger-than.md) | -1.3% | -0.0% |
| CORN | 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) | -1.3% | -0.0% |
| 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 | 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) | -1.2% | +1.7% |
| SOY | 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) | -1.2% | -5.0% |
| SOY | 2019-10-10 | [September estimates indicate record grain crop for 2019 \| News Agency](https://feedsoft.ai/events/56405-september-estimates-indicate-record-grain-crop-for-2019-news-agency.md) | +0.5% | -0.9% |
| SOY | 2021-10-07 | [September´s estimate expects harvest of 250.9 million tonnes in 2021 \| News Agency](https://feedsoft.ai/events/44375-september-s-estimate-expects-harvest-of-250-9-million-tonnes-in-2021-news-agency.md) | -3.8% | -0.8% |

## Sources

- agenciadenoticias.ibge.gov.br: https://agenciadenoticias.ibge.gov.br/en/agencia-news/2184-news-agency/news/25181-estimates-point-to-record-harvest-pushed-by-corn-production-in-2019

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