* Revision to corn crop forecast a minor adjustment
* Effects of drought become clear now harvest under way
* Planting of winter corn crop well advanced vs 2011
SAO PAULO, March 5 Brazil's 2011/12 corn
harvest should turn out 60.4 million tonnes, local analyst
Celeres said on Monday, trimming its view slightly from the
60.58 million tonnes it forecast in February.
Analyst estimates for corn had been slashed recently after a
harsh dry spell destroyed some of the corn in top producer
Parana state. Many forecasts then swung higher on expectations
the winter crop, one of two annual harvests, would be bigger
than previously thought.
Celeres estimates that Brazil produced 53.74 million tonnes
from both summer and winter crops last season. The summer crop
runs roughly from September to April with the planting of the
winter crop coming straight after.
The small adjustment to Celeres' number appeared to be more
a case of fine-tuning than a significant change in its outlook
for the crop. Though drought conditions have eased, data from
forecaster Somar showed key grains states were much drier than
the historic average in February.
"The effects of the drought that took place at the end of
last year in the southern region of the country are starting to
become clear, with productivity turning out lower than initially
expected for the current crop," Celeres said in a statement.
The analyst said 25 percent of the summer crop has been
harvested, up from the 18.3 percent collected this time last
year in main soy regions. The larger summer crop is seen at
34.76 million tonnes, up 5 percent from 33 million tonnes last
The winter crop that is planted as the summer corn and soy
crop is harvested is seen at 25.6 million tonnes, up nearly 24
percent from the 20.7 million tonnes harvested last year from
the second crop. Celeres said that crop was now 60 percent
planted, well up from the 40 percent sown by this time last
Celeres revised its outlook for soy production to 69.8
million tonnes from 72 million tonnes in early February.
(Reporting by Roberto Samora; Writing by Peter Murphy; Editing
by David Gregorio)