# Brazil sees record soy, disappointing corn yields

> CONAB reported a record Brazilian soybean crop, up about 9% from last year, helped by expanded planted area. Corn output fell as first-crop rain delays and second-crop drought and frost cut yields, with Paraná losses described as irreversible.

- Date: 2021-07-16 · published 2021-07-16T12:00:00.000Z
- Category: report · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/45901-brazil-sees-record-soy-disappointing-corn-yields
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A larger soy crop cushions soybean meal supply, while a sharp Brazilian corn shortfall tightens global feed corn availability and supports corn and DDGS prices.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-04-06 | [Brazil To Harvest Record Corn And Soybean Yields](https://feedsoft.ai/events/71350-brazil-to-harvest-record-corn-and-soybean-yields.md) | +0.4% | +2.2% |
| SOY | 2018-08-10 | [USDA Sees Record Corn Yield in 2018](https://feedsoft.ai/events/63480-usda-sees-record-corn-yield-in-2018.md) | -0.3% | -6.3% |
| SOY | 2016-12-06 | [Record yields](https://feedsoft.ai/events/73328-record-yields.md) | -1.2% | -3.6% |
| SOY | 2020-08-12 | [USDA forecasts record high corn, soybean yields](https://feedsoft.ai/events/51457-usda-forecasts-record-high-corn-soybean-yields.md) | +3.9% | +11.6% |
| SOY | 2024-01-12 | [USDA Sees Record Corn Yield in Friday's Latest Reports](https://feedsoft.ai/events/32068-usda-sees-record-corn-yield-in-friday-s-latest-reports.md) | -1.5% | -3.9% |
| CORN | 2023-06-23 | [Corn Ratings and Final Yields](https://feedsoft.ai/events/13273-corn-ratings-and-final-yields.md) | -8.6% | -15.1% |
| CORN | 2019-06-11 | [Yield Busters: USDA Report Sends Corn Futures Skyward](https://feedsoft.ai/events/58541-yield-busters-usda-report-sends-corn-futures-skyward.md) | +6.2% | +3.2% |
| CORN | 2022-09-12 | [USDA Lowers Corn and Soybean Yields](https://feedsoft.ai/events/39551-usda-lowers-corn-and-soybean-yields.md) | -1.1% | -1.5% |

## Sources

- farmprogress.com: https://www.farmprogress.com/corn/brazil-sees-record-soy-disappointing-corn-yields

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