# IBGE: May estimate points to grain harvest 29.2% bigger than in 2016 | News Agency

> IBGE's fifth 2017 estimate puts Brazil's cereal, legume and oilseed harvest at 238.6 million tons, up 29.2% from 2016, on a harvested area of 60.9 million hectares. Output rose 2.4% from the April estimate, with Mato Grosso, Paraná and Rio Grande do Sul as the top producers.

- Date: 2017-06-08 · published 2017-06-08T12:00:00.000Z
- Category: report · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/70328-ibge-may-estimate-points-to-grain-harvest-29-2-bigger-than-in-2016-news-agency
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Upward revisions to Brazil's record crop confirm large export availability for soybeans and corn, adding bearish pressure to world feed grain and meal prices.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 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) | +0.1% | +5.4% |
| 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 | 2017-04-11 | [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 | 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% |
| 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% |
| 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 | 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 | 2019-08-08 | [Estimates point to record harvest, pushed by corn production, in 2019 \| News Agency](https://feedsoft.ai/events/57421-estimates-point-to-record-harvest-pushed-by-corn-production-in-2019-news-agency.md) | -7.3% | -7.5% |

## Sources

- agenciadenoticias.ibge.gov.br: https://agenciadenoticias.ibge.gov.br/en/agencia-press-room/2185-news-agency/releases-en/10197-em-maio-ibge-preve-safra-de-graos-29-2-maior-que-em-2018

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