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IBGE estimated Brazil's 2025 grain, legume and oilseed harvest at 332.6 million tonnes, up 13.6% from 2024 and 1.3% above April. Corn output was estimated at 130.8 million tonnes, with 2nd-crop corn production rising 14.4%.
Soybean estimates rose to 165.2 million tonnes.
A larger Brazilian corn and soybean supply increases global export availability, which weighs on prices for corn, soybeans and derived meal.
agenciadenoticias.ibge.gov.brJun 12, 2025After 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.
After 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.
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.
