# Brazil 2026/27 crop: Conab forecasts 366.1 million tonnes of grains

> Brazil's crop agency Conab, in its November 13 survey, forecast 2026/27 grain and oilseed output at 366.1 million tonnes, up 1.3% year on year but 0.3% below October's estimate. Soybean output is put at 181.6 million tonnes and corn at about 148 million tonnes across three crops, while rice is down 4.7% to 10.6 million tonnes and wheat is expected to fall by a third amid El Niño weather.

- Date: 2026-11-14 · published 2026-11-15T18:26:39.735Z
- Category: report · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/101693-brazil-2026-27-crop-conab-forecasts-366-1-million-tonnes-of-grains
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Larger soybean and corn supplies support feed meal and grain availability for Brazilian exporters and domestic feed users, which is mildly bearish for those prices, while the wheat and rice shortfalls tighten local supply and could lift feed ingredient costs.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-08-12 | [Brazil harvests 241 million tonnes of grains - Food & Agribusiness](https://feedsoft.ai/events/57422-brazil-harvests-241-million-tonnes-of-grains-food-and-agribusiness.md) | -0.7% | -3.3% |
| SOY | 2025-01-14 | [IBGE forecasts harvest of 322.6 million tonnes for 2025, a growth of 10.2% over 2024 \| News Agency](https://feedsoft.ai/events/13521-ibge-forecasts-harvest-of-322-6-million-tonnes-for-2025-a-growth-of-10-2-over.md) | +2.5% | +0.2% |
| SOY | 2023-07-14 | [Brazil lifts grain output forecast on better second-corn outlook – Conab](https://feedsoft.ai/events/13637-brazil-lifts-grain-output-forecast-on-better-second-corn-outlook-conab.md) | -1.5% | -7.0% |
| SOY | 2024-11-14 | [IBGE forecasts harvest of 311.0 million tonnes for 2025, rise of 5.8% over 2024 \| News Agency](https://feedsoft.ai/events/13534-ibge-forecasts-harvest-of-311-0-million-tonnes-for-2025-rise-of-5-8-over-2024.md) | -1.4% | -0.8% |
| SOY | 2024-09-30 | [Argentina to harvest 143.2 million tonnes of grains and oilseeds - Fastmarkets](https://feedsoft.ai/events/13901-argentina-to-harvest-143-2-million-tonnes-of-grains-and-oilseeds-fastmarkets.md) | -2.6% | -7.3% |
| CORN | 2019-08-12 | [Brazil harvests 241 million tonnes of grains - Food & Agribusiness](https://feedsoft.ai/events/57422-brazil-harvests-241-million-tonnes-of-grains-food-and-agribusiness.md) | -6.0% | -8.6% |
| CORN | 2025-02-13 | [Brazil’s Conab Raises Grain Output Forecast on Bigger Corn Crop](https://feedsoft.ai/events/13512-brazil-s-conab-raises-grain-output-forecast-on-bigger-corn-crop.md) | +1.7% | -6.8% |
| CORN | 2025-01-14 | [IBGE forecasts harvest of 322.6 million tonnes for 2025, a growth of 10.2% over 2024 \| News Agency](https://feedsoft.ai/events/13521-ibge-forecasts-harvest-of-322-6-million-tonnes-for-2025-a-growth-of-10-2-over.md) | +1.0% | +3.3% |

## Sources

- chelate.com.vn: https://chelate.com.vn/tin-nong-nghiep/ngu-coc-brazil-2026-27-conab-du-bao-366-trieu-tan-lua-giam

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