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Brazil's 2025/26 corn estimate was cut by 1.0 million tons to 136.0 million tons with a neutral bias. Conab reduced safrinha acreage by 200,000 hectares in its February report, and planting was 31% complete nationally with a significant share of the crop still unplanted.
A smaller Brazilian safrinha crop tightens export supply just as Brazil dominates the second-half corn export window, which supports corn prices. Further acreage cuts in the March report would add to the bullish case.
soybeansandcorn.comFeb 19, 2026After 1,040 past bullish report events, Corn moved a median +0.5% 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.
