# Big cut to Brazilian beans - Mecardo

> The USDA's January reports left grain and oilseed markets largely unmoved, with most changes in line with expectations. The main surprise was a larger-than-expected cut to South American crop production, attributed to La Niña, with Brazilian soybean output the most affected.

- Date: 2022-01-13 · published 2022-01-13T12:00:00.000Z
- Category: report · region Brazil · magnitude high
- Page: https://feedsoft.ai/events/43099-big-cut-to-brazilian-beans-mecardo
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A sharper South American soybean and corn shortfall tightens export supplies and supports prices, which benefits US beans and meal demand.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-02-03 | [USDA FAS cuts Argentina soybean guess, sees big Brazil corn crop](https://feedsoft.ai/events/37252-usda-fas-cuts-argentina-soybean-guess-sees-big-brazil-corn-crop.md) | -1.0% | -0.2% |
| SOY | 2022-02-11 | [Conab Lowers Brazil's 2021/22 Soybean Production 15 Million Tons](https://feedsoft.ai/events/13741-conab-lowers-brazil-s-2021-22-soybean-production-15-million-tons.md) | +1.1% | +7.4% |
| SOY | 2024-08-13 | [Brazilian crop output reduced by adverse weather](https://feedsoft.ai/events/13555-brazilian-crop-output-reduced-by-adverse-weather.md) | -5.5% | -3.4% |
| SOY | 2022-04-12 | [US soybean stocks cut, Brazil’s soy export highs, Canadian grain exports: Top stories in the soy market - Fastmarkets](https://feedsoft.ai/events/41801-us-soybean-stocks-cut-brazil-s-soy-export-highs-canadian-grain-exports-top.md) | +3.7% | -1.5% |
| SOY | 2024-03-08 | [USDA Cuts Brazil Soy Production 1 MMT](https://feedsoft.ai/events/31135-usda-cuts-brazil-soy-production-1-mmt.md) | +2.1% | +2.4% |
| CORN | 2021-07-08 | [Conab drops its Brazilian corn crop estimate to 93.4 - Pro Farmer](https://feedsoft.ai/events/45902-conab-drops-its-brazilian-corn-crop-estimate-to-93-4-pro-farmer.md) | +3.4% | -10.1% |
| CORN | 2025-05-13 | [Record Crops, Tight Stocks - Mecardo](https://feedsoft.ai/events/24632-record-crops-tight-stocks-mecardo.md) | +2.3% | -0.9% |
| CORN | 2024-08-13 | [Brazilian crop output reduced by adverse weather](https://feedsoft.ai/events/13555-brazilian-crop-output-reduced-by-adverse-weather.md) | -1.2% | +0.1% |

## Sources

- mecardo.com.au: https://mecardo.com.au/big-cut-to-brazilian-beans/

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