# June estimate indicates grain harvest increase of 30.1% against 2016 figure | News Agency

> Brazil's IBGE estimated the 2017 grain, legume and oilseed harvest at 240.3 million metric tons in its June survey, up 0.7% from May and 30.1% (55.6 million tons) above 2016. Soybeans are forecast at a record 114.8 million tons and corn at 97.7 million tons.

- Date: 2017-07-11 · published 2017-07-11T12:00:00.000Z
- Category: report · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/69793-june-estimate-indicates-grain-harvest-increase-of-30-1-against-2016-figure-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A record Brazilian soybean and corn crop expands export supply during the Northern Hemisphere marketing period, which is bearish for soybean meal and corn prices and supports Brazil's export competitiveness.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-08-11 | [IBGE: In July, estimated harvest increase for 2020 is 3.8% \| News Agency](https://feedsoft.ai/events/51441-ibge-in-july-estimated-harvest-increase-for-2020-is-3-8-news-agency.md) | +4.1% | +11.0% |
| 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% |
| SOY | 2017-04-11 | [Grain harvest expected to surpass 2016 figure by 25.1% in March \| News Agency](https://feedsoft.ai/events/71349-grain-harvest-expected-to-surpass-2016-figure-by-25-1-in-march-news-agency.md) | +0.5% | +2.5% |
| 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 | 2025-07-10 | [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) | +0.1% | -5.0% |
| CORN | 2020-08-11 | [IBGE: In July, estimated harvest increase for 2020 is 3.8% \| News Agency](https://feedsoft.ai/events/51441-ibge-in-july-estimated-harvest-increase-for-2020-is-3-8-news-agency.md) | +4.8% | +7.5% |
| 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 | 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) | +1.1% | +4.8% |

## Sources

- agenciadenoticias.ibge.gov.br: https://agenciadenoticias.ibge.gov.br/en/agencia-press-room/2185-news-agency/releases-en/10826-release-lspa-2

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