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Conab raised its 2025/26 Brazilian grain production forecast to 358 million tonnes, up from 356.3 million in April, which would be a record. Soybean output is projected at 180.1 million tonnes, with 98.3% of planted area already harvested.
A record Brazilian crop expands export availability of soybeans and meal, pressuring global soy complex prices.
valorinternational.globo.comDanton Boatini Júnior, Alessandra SaraivaMay 15, 2026After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% 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.
