# Brazilian drought slows fertilizer purchases, affecting global suppliers — Fertilizer Daily

> A severe Brazilian drought linked to El Niño is delaying fertilizer purchases by farmers ahead of the corn-planting season. Sales are being hit for Nutrien, Mosaic and Yara. Mosaic projects a 12% drop in Brazil's safrinha corn output.

- Date: 2023-12-20 · published 2023-12-20T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/33049-brazilian-drought-slows-fertilizer-purchases-affecting-global-suppliers
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Lower Brazilian corn output and delayed fertilizer demand reduce global fertilizer sales while signaling tighter corn supplies, which tends to support corn prices.

## Read by commodity

- CORN: bullish ▲
- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-12-18 | [Brazilian farmers slow fertilizer buys as drought dampens corn-planting plans \| Reuters](https://feedsoft.ai/events/13602-brazilian-farmers-slow-fertilizer-buys-as-drought-dampens-corn-planting-plans.md) | -1.5% | -3.8% |
| CORN | 2021-05-13 | [Drought impacting most Brazilian corn farms](https://feedsoft.ai/events/46927-drought-impacting-most-brazilian-corn-farms.md) | -7.7% | -2.2% |
| CORN | 2024-01-04 | [Global fertilizer supply chain hits another snag \| The Western Producer](https://feedsoft.ai/events/32452-global-fertilizer-supply-chain-hits-another-snag-the-western-producer.md) | -1.1% | -2.1% |
| CORN | 2021-09-21 | [Brazilian farmers begin seeding soybeans amid historic drought](https://feedsoft.ai/events/44919-brazilian-farmers-begin-seeding-soybeans-amid-historic-drought.md) | +1.8% | +1.7% |
| CORN | 2022-05-31 | [Drought devastates Brazilian crop](https://feedsoft.ai/events/13720-drought-devastates-brazilian-crop.md) | -0.8% | -2.6% |
| UREA | 2024-01-05 | [Fertilizer outlook provided  – Wyoming Livestock Roundup](https://feedsoft.ai/events/32055-fertilizer-outlook-provided-wyoming-livestock-roundup.md) | +1.6% | +13.0% |
| UREA | 2021-04-14 | [Cold dry spring starts to pressure nitrogen market - Farmers Weekly](https://feedsoft.ai/events/47931-cold-dry-spring-starts-to-pressure-nitrogen-market-farmers-weekly.md) | +1.5% | +0.7% |
| UREA | 2024-11-07 | [Cutting nitrogen pays off in oats — if it’s drier \| The Western Producer](https://feedsoft.ai/events/10547-cutting-nitrogen-pays-off-in-oats-if-it-s-drier-the-western-producer.md) | +0.2% | +0.6% |

## Sources

- fertilizerdaily.com: https://www.fertilizerdaily.com/20231220-brazilian-drought-slows-fertilizer-purchases-affecting-global-suppliers/

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