# Lower Brazilian crop production estimates expected - Brownfield Ag News

> Corn and Soybean Advisor's Michael Cordonnier does not expect Brazil's second-crop corn output to rise this year. He says farmers may plant fewer corn acres due to lower prices and El Niño weather risks. Early Mato Grosso soybean yields are very poor, and he expects USDA and Conab to lower Brazil forecasts.

- Date: 2024-01-04 · published 2024-01-04T12:00:00.000Z
- Category: weather · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/13601-lower-brazilian-crop-production-estimates-expected-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower expected Brazilian corn and soybean output tightens export supply and supports prices, especially if official forecasts are cut as expected.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-11-11 | [Focus on Brazilian crops grows stronger - Brownfield Ag News](https://feedsoft.ai/events/50006-focus-on-brazilian-crops-grows-stronger-brownfield-ag-news.md) | +7.9% | +7.0% |
| CORN | 2022-07-27 | [Soybeans, soybean products extend gains - Brownfield Ag News](https://feedsoft.ai/events/40517-soybeans-soybean-products-extend-gains-brownfield-ag-news.md) | +3.1% | +5.3% |
| CORN | 2017-12-15 | [La Niña expected to continue through winter - Brownfield Ag News](https://feedsoft.ai/events/67402-la-nina-expected-to-continue-through-winter-brownfield-ag-news.md) | +2.7% | +2.5% |
| CORN | 2023-10-13 | [Drought affects crop marketing for producers - Brownfield Ag News](https://feedsoft.ai/events/33731-drought-affects-crop-marketing-for-producers-brownfield-ag-news.md) | +0.2% | -3.5% |
| CORN | 2026-08-18 | [Brazil crop concerns could provide support for U.S. Corn - Brownfield Ag News](https://feedsoft.ai/events/13424-brazil-crop-concerns-could-provide-support-for-u-s-corn-brownfield-ag-news.md) | +3.7% | +7.7% |
| SOY | 2020-11-11 | [Focus on Brazilian crops grows stronger - Brownfield Ag News](https://feedsoft.ai/events/50006-focus-on-brazilian-crops-grows-stronger-brownfield-ag-news.md) | +2.8% | +1.8% |
| SOY | 2022-07-27 | [Soybeans, soybean products extend gains - Brownfield Ag News](https://feedsoft.ai/events/40517-soybeans-soybean-products-extend-gains-brownfield-ag-news.md) | +2.4% | +2.2% |
| SOY | 2026-08-18 | [Brazil crop concerns could provide support for U.S. Corn - Brownfield Ag News](https://feedsoft.ai/events/13424-brazil-crop-concerns-could-provide-support-for-u-s-corn-brownfield-ag-news.md) | +1.2% | +9.8% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/lower-brazilian-crop-production-estimates-expected/

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