# Global fertilizer supply chain hits another snag | The Western Producer

> Brazil's drought, linked to El Niño, is causing farmers to delay fertilizer purchases for the upcoming corn-planting season. Brazil's soybean harvest is already late, which may push back planting of the main corn crop. Mosaic expects Brazil's safrinha corn crop to fall about 12 percent, slightly more than the government's estimate.

- Date: 2024-01-04 · published 2024-01-04T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/32452-global-fertilizer-supply-chain-hits-another-snag-the-western-producer
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A smaller safrinha corn crop tightens export supplies from the top corn exporter and supports corn prices. Weaker fertilizer demand also pressures fertilizer producers' sales and prices.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-07-27 | [Crop futures higher Thurs. on dry weather \| The Western Producer](https://feedsoft.ai/events/70067-crop-futures-higher-thurs-on-dry-weather-the-western-producer.md) | -1.3% | -7.0% |
| CORN | 2021-09-02 | [Exports to drop as crop shrinks \| The Western Producer](https://feedsoft.ai/events/45047-exports-to-drop-as-crop-shrinks-the-western-producer.md) | -3.0% | -5.5% |
| CORN | 2022-09-30 | [Long road ahead for restoring global corn supply hit by weather, war](https://feedsoft.ai/events/39503-long-road-ahead-for-restoring-global-corn-supply-hit-by-weather-war.md) | +1.0% | +3.8% |
| CORN | 2022-10-22 | [Rains threaten South American wheat \| The Western Producer](https://feedsoft.ai/events/13694-rains-threaten-south-american-wheat-the-western-producer.md) | -1.1% | -1.4% |
| CORN | 2022-07-28 | [Fewer cattle expected as cow herds shrink due to drought \| The Western Producer](https://feedsoft.ai/events/40618-fewer-cattle-expected-as-cow-herds-shrink-due-to-drought-the-western-producer.md) | +2.8% | +5.6% |

## Sources

- producer.com: https://www.producer.com/news/global-fertilizer-supply-chain-hits-another-snag/

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