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Brazil's statistics agency IBGE issued its first 2027 forecast for the national grain crop at 346.6 million tonnes, 2.6% below the previous year. The estimate covers 83.2 million hectares and includes soybeans, corn, rice, beans, cotton and sorghum.
It cites a strong El Niño, with excess rain in the South and irregular rainfall in the Center-West, and a 4.5 million tonne corn loss in Goiás.
A smaller Brazilian harvest reduces export availability of corn and soybeans and winter grains from the South, which supports global feed grain prices and raises import needs for buyers.
mundoagronews.com.brRedaçãoNov 14, 2026After 1,051 past bullish report events, Corn moved a median +0.6% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
