# Brazil’s safrinha corn crop could be a monster

> Commentary says Brazil is on track to surpass the U.S. as the largest corn exporter, with good rain forecast for the safrinha regions. IMEA estimates Mato Grosso's crop at 46.4 million tons versus Conab's 44.6 million. The USDA April WASDE put Brazil's corn at 125 million tons, while some private estimates reach 131 million.

- Date: 2023-04-14 · published 2023-04-14T12:00:00.000Z
- Category: report · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/13654-brazil-s-safrinha-corn-crop-could-be-a-monster
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Larger Brazilian corn estimates and rising export competition weigh on global corn prices. Forecasts above USDA levels could push the market lower if they are confirmed.

## Read by commodity

- CORN: bearish ▼
- DDGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-08-08 | [Safrinha Corn in Brazil 87.3% Harvested](https://feedsoft.ai/events/13554-safrinha-corn-in-brazil-87-3-harvested.md) | -0.2% | +1.9% |
| CORN | 2025-07-03 | [Record harvest of safrinha corn in Brazil](https://feedsoft.ai/events/13483-record-harvest-of-safrinha-corn-in-brazil.md) | -5.1% | -5.0% |
| CORN | 2022-07-01 | [Despite Drought Brazil On Track to Harvest Record Safrinha Corn Crop](https://feedsoft.ai/events/13714-despite-drought-brazil-on-track-to-harvest-record-safrinha-corn-crop.md) | +3.4% | -13.7% |
| CORN | 2017-07-14 | [Brazil’s big corn crop will make you nervous](https://feedsoft.ai/events/69801-brazil-s-big-corn-crop-will-make-you-nervous.md) | +5.3% | -1.2% |
| CORN | 2022-04-07 | [Concerns Loom for Safrinha Corn Production in Brazil After Good Start](https://feedsoft.ai/events/13728-concerns-loom-for-safrinha-corn-production-in-brazil-after-good-start.md) | -1.1% | -5.5% |

## Sources

- farmprogress.com: https://www.farmprogress.com/commentary/brazil-s-safrinha-corn-crop-could-be-a-monster

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