# FAO: Record cereal harvests expected for South America in 2019

> FAO forecasts Latin America and the Caribbean cereal output at 276.5 million tonnes, 14% above the five-year average. South American maize is projected at a record 169.5 million tonnes, with record Brazilian and Argentine crops. Central American and Caribbean output is below average due to rainfall deficits.

- Date: 2019-05-12 · published 2019-05-12T12:00:00.000Z
- Category: report · region South America · magnitude medium
- Page: https://feedsoft.ai/events/59012-fao-record-cereal-harvests-expected-for-south-america-in-2019
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Record South American maize supplies add to export availability and pressure world corn prices lower. Strong Brazilian and Argentine supplies also weigh on soymeal and feed-ingredient pricing.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-04-29 | [Record maize crop expected for Brazil in 2018/2019 season](https://feedsoft.ai/events/59423-record-maize-crop-expected-for-brazil-in-2018-2019-season.md) | +0.1% | +6.9% |
| CORN | 2017-04-14 | [Record global harvest of cereals, India too heads for a new high](https://feedsoft.ai/events/71586-record-global-harvest-of-cereals-india-too-heads-for-a-new-high.md) | -2.5% | +0.8% |
| CORN | 2022-10-06 | [In September, IBGE expects record harvest of 261.9 million tonnes for 2022 \| News Agency](https://feedsoft.ai/events/13692-in-september-ibge-expects-record-harvest-of-261-9-million-tonnes-for-2022-news.md) | +0.8% | +0.2% |
| CORN | 2025-03-28 | [EU expects growth in wheat and rapeseed harvests](https://feedsoft.ai/events/25501-eu-expects-growth-in-wheat-and-rapeseed-harvests.md) | +0.5% | +5.5% |
| CORN | 2017-05-10 | [Updated Supply and Demand Expectations for Corn and Soybeans in 2017/18 \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/70851-updated-supply-and-demand-expectations-for-corn-and-soybeans-in-2017-18-farm.md) | +0.3% | +2.4% |
| WHEAT | 2019-04-29 | [Record maize crop expected for Brazil in 2018/2019 season](https://feedsoft.ai/events/59423-record-maize-crop-expected-for-brazil-in-2018-2019-season.md) | -4.1% | -0.2% |
| WHEAT | 2017-04-14 | [Record global harvest of cereals, India too heads for a new high](https://feedsoft.ai/events/71586-record-global-harvest-of-cereals-india-too-heads-for-a-new-high.md) | -1.4% | +1.8% |
| WHEAT | 2025-09-11 | [Record EU soft wheat harvest expected this year - AgCanada](https://feedsoft.ai/events/22801-record-eu-soft-wheat-harvest-expected-this-year-agcanada.md) | +0.0% | +0.3% |

## Sources

- fao.org: https://www.fao.org/americas/news/news-detail/FAO-Record-cereal-harvests-expected-for-South-America-in-2019-/en

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