# Brazilian soybean crop faces problems, and replanting could cut future corn area

> SAFRAS & Mercado says Brazil's soybean problems and replanting could reduce the planned area for the 2024 second corn crop. It also notes that El Niño is confirmed, with moderate intensity expected to end by mid-2024, and that a smaller corn area would mean more competition with exports.

- Date: 2023-11-20 · published 2023-11-20T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/13613-brazilian-soybean-crop-faces-problems-and-replanting-could-cut-future-corn-area
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A cut in second-crop corn area lowers expected Brazilian exports and could lift corn prices if soybean replanting continues to slip.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-10-17 | [La Nina’s Return Could Herald Weak Brazilian Corn, Soybean Crops \| CZ app](https://feedsoft.ai/events/13541-la-nina-s-return-could-herald-weak-brazilian-corn-soybean-crops-cz-app.md) | +2.1% | +2.9% |
| CORN | 2022-04-25 | [Corn, soybean planting in Illinois delayed by cold temperatures and rain](https://feedsoft.ai/events/13373-corn-soybean-planting-in-illinois-delayed-by-cold-temperatures-and-rain.md) | +0.4% | -2.0% |
| CORN | 2022-07-25 | [Heat takes bite out of corn, soybean and spring wheat crop condition ratings - Pro Farmer](https://feedsoft.ai/events/13344-heat-takes-bite-out-of-corn-soybean-and-spring-wheat-crop-condition-ratings-pro.md) | -0.8% | +3.7% |
| CORN | 2022-12-12 | [Brazil producers hope for rain as soybean planting nears end](https://feedsoft.ai/events/13678-brazil-producers-hope-for-rain-as-soybean-planting-nears-end.md) | +1.6% | +2.6% |
| CORN | 2023-12-04 | [Delayed Soybean Planting to Impact Safrinha Corn Acreage in Brazil](https://feedsoft.ai/events/13607-delayed-soybean-planting-to-impact-safrinha-corn-acreage-in-brazil.md) | +1.7% | +3.1% |
| SOY | 2024-10-17 | [La Nina’s Return Could Herald Weak Brazilian Corn, Soybean Crops \| CZ app](https://feedsoft.ai/events/13541-la-nina-s-return-could-herald-weak-brazilian-corn-soybean-crops-cz-app.md) | +1.8% | +2.5% |
| SOY | 2023-04-19 | [Soybean and soybean oil prices are rising amid another cut in Argentina’s crop forecasts](https://feedsoft.ai/events/36470-soybean-and-soybean-oil-prices-are-rising-amid-another-cut-in-argentina-s-crop.md) | -4.9% | -10.2% |
| SOY | 2022-04-25 | [Corn, soybean planting in Illinois delayed by cold temperatures and rain](https://feedsoft.ai/events/13373-corn-soybean-planting-in-illinois-delayed-by-cold-temperatures-and-rain.md) | -0.5% | -0.6% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/brazilian-soybean-crop-faces-problems-and-replanting-could-cut-future-corn-area/

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