# Brazil: Soybean harvest starts slowly and helps domestic corn market supply

> Brazil's domestic corn market faces tight supply as exports remain strong, internal stocks have declined, and the soybean harvest is starting slowly. Corn harvests are also delayed by rain in the South and Southeast, and cheaper new-crop corn is not expected until July.

- Date: 2023-01-20 · published 2023-01-20T12:00:00.000Z
- Category: trade · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/13677-brazil-soybean-harvest-starts-slowly-and-helps-domestic-corn-market-supply
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong export demand and low domestic stocks until the second crop arrives support Brazilian corn prices and keep feed buyers exposed to local supply tightness.

## Read by commodity

- SBM: neutral
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-10-27 | [Demand supports soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/9242-demand-supports-soybeans-corn-brownfield-ag-news.md) | -2.9% | -2.3% |
| CORN | 2023-01-11 | [Feed weekly outlook: Corn imports still weigh on domestic feed market - AgCanada](https://feedsoft.ai/events/37848-feed-weekly-outlook-corn-imports-still-weigh-on-domestic-feed-market-agcanada.md) | +2.6% | +1.9% |
| CORN | 2016-11-01 | [Surging ethanol exports are helping to support corn market](https://feedsoft.ai/events/73854-surging-ethanol-exports-are-helping-to-support-corn-market.md) | +1.9% | -4.3% |
| CORN | 2018-02-01 | [U.S. grains: Soybeans fall on weak exports, bumper Brazil harvest - AgCanada](https://feedsoft.ai/events/66531-u-s-grains-soybeans-fall-on-weak-exports-bumper-brazil-harvest-agcanada.md) | +0.6% | +2.1% |
| CORN | 2025-06-10 | [Brazil’s 2024-2025 Corn Harvest Grows, But Exports Projected to Decrease](https://feedsoft.ai/events/13494-brazil-s-2024-2025-corn-harvest-grows-but-exports-projected-to-decrease.md) | +0.7% | -2.6% |
| SBM | 2017-11-03 | [Brazil cuts into U.S. soybean market share in China - AgCanada](https://feedsoft.ai/events/68018-brazil-cuts-into-u-s-soybean-market-share-in-china-agcanada.md) | -1.8% | +3.4% |
| SBM | 2026-06-23 | [U.S. fights with Brazil for China's giant soybean market](https://feedsoft.ai/events/14570-u-s-fights-with-brazil-for-china-s-giant-soybean-market.md) | +1.1% | +7.3% |
| SBM | 2024-01-01 | [COMMENTARY: Massive Brazilian soybean exports too heavily leaning on China?](https://feedsoft.ai/events/32739-commentary-massive-brazilian-soybean-exports-too-heavily-leaning-on-china.md) | -2.7% | -7.2% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/brazil-soybean-harvest-starts-slowly-and-helps-domestic-corn-market-supply/

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