# Brazil Starts Planting Grain Crop with Forecast of a New Record - farmdoc daily

> farmdoc daily reports that CONAB's first projection for Brazil's 2021-22 harvest is a record 289.6 million tons of grains, with soybean acreage expected at about 99 million acres and corn at about 51 million acres. The forecast is based on high prices, a weaker real and expected export growth.

- Date: 2021-09-22 · published 2021-09-22T12:00:00.000Z
- Category: report · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/44914-brazil-starts-planting-grain-crop-with-forecast-of-a-new-record-farmdoc-daily
- 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 record Brazilian crop expansion signals larger export supplies of soybeans and corn later in the year, which is bearish for world prices and feed costs.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-08-10 | [Brazil to forecast new record crop  \| News Agency](https://feedsoft.ai/events/69284-brazil-to-forecast-new-record-crop-news-agency.md) | -4.3% | +0.0% |
| SOY | 2025-07-11 | [Brazil raises forecast for record grain harvest](https://feedsoft.ai/events/13484-brazil-raises-forecast-for-record-grain-harvest.md) | +0.9% | -4.0% |
| SOY | 2025-03-14 | [Brazil raises record crop forecast despite drought in Rio Grande do Sul](https://feedsoft.ai/events/13508-brazil-raises-record-crop-forecast-despite-drought-in-rio-grande-do-sul.md) | +1.6% | +3.2% |
| SOY | 2024-08-22 | [Record US soybean crop forecast in 2024 \| World Grain](https://feedsoft.ai/events/28788-record-us-soybean-crop-forecast-in-2024-world-grain.md) | -0.5% | +5.2% |
| SOY | 2024-05-14 | [Sizing Up Potential Downside Risk for New-Crop Corn and Soybean Prices - farmdoc daily](https://feedsoft.ai/events/30287-sizing-up-potential-downside-risk-for-new-crop-corn-and-soybean-prices-farmdoc.md) | +3.5% | -2.3% |
| CORN | 2017-08-10 | [Brazil to forecast new record crop  \| News Agency](https://feedsoft.ai/events/69284-brazil-to-forecast-new-record-crop-news-agency.md) | -4.5% | -6.5% |
| CORN | 2018-09-17 | [Record Corn Yield Forecast Weakens Corn Prices - farmdoc daily](https://feedsoft.ai/events/63055-record-corn-yield-forecast-weakens-corn-prices-farmdoc-daily.md) | +3.1% | +4.7% |
| CORN | 2025-07-11 | [Brazil raises forecast for record grain harvest](https://feedsoft.ai/events/13484-brazil-raises-forecast-for-record-grain-harvest.md) | -0.7% | -1.5% |

## Sources

- farmdocdaily.illinois.edu: https://farmdocdaily.illinois.edu/2021/09/brazil-starts-planting-grain-crop-with-forecast-of-a-new-record.html

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