# Conab drops its Brazilian corn crop estimate to 93.4 - Pro Farmer

> CONAB cut its Brazilian total corn estimate to 93.39 million tonnes, down 9% from last year, with safrinha output lowered to 66.97 million tonnes due to drought and frost. Soybean estimates were nudged up to 135.91 million tonnes, and analysts expected USDA to trim its Brazil corn forecast next week.

- Date: 2021-07-08 · published 2021-07-08T12:00:00.000Z
- Category: report · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/45902-conab-drops-its-brazilian-corn-crop-estimate-to-93-4-pro-farmer
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A materially smaller Brazilian corn crop reduces export availability and supports global corn prices, while the soybean revision is minor.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-08-29 | [Pro Farmer Releases 2022 National Corn and Soybean Crop Estimates - Pro Farmer](https://feedsoft.ai/events/13335-pro-farmer-releases-2022-national-corn-and-soybean-crop-estimates-pro-farmer.md) | +0.5% | -0.0% |
| CORN | 2023-08-25 | [Pro Farmer releases 2023 national corn and soybean estimates - Pro Farmer](https://feedsoft.ai/events/13255-pro-farmer-releases-2023-national-corn-and-soybean-estimates-pro-farmer.md) | -2.2% | -9.0% |
| CORN | 2024-08-23 | [Pro Farmer releases 2024 national corn and soybean estimates - Pro Farmer](https://feedsoft.ai/events/13160-pro-farmer-releases-2024-national-corn-and-soybean-estimates-pro-farmer.md) | +0.2% | +6.1% |
| CORN | 2022-10-05 | [Pro Farmer Crop Estimates Far Below USDA Expectations - AgWeb](https://feedsoft.ai/events/13325-pro-farmer-crop-estimates-far-below-usda-expectations-agweb.md) | +0.9% | +1.2% |
| CORN | 2023-08-25 | [Pro Farmer Crop Estimates Below USDA Expectations - Farm Journal](https://feedsoft.ai/events/13259-pro-farmer-crop-estimates-below-usda-expectations-farm-journal.md) | -2.2% | -9.0% |
| SOY | 2025-07-24 | [Brazil increases corn crop estimate](https://feedsoft.ai/events/13485-brazil-increases-corn-crop-estimate.md) | -3.8% | +0.9% |
| SOY | 2024-10-11 | [USDA Boosts Corn Production Estimate](https://feedsoft.ai/events/27801-usda-boosts-corn-production-estimate.md) | -2.6% | +0.1% |
| SOY | 2025-09-30 | [Report Reaction \| Corn stocks top expectations - Pro Farmer](https://feedsoft.ai/events/9843-report-reaction-corn-stocks-top-expectations-pro-farmer.md) | +0.7% | +5.6% |

## Sources

- profarmer.com: https://www.profarmer.com/news/agriculture-news/conab-drops-its-brazilian-corn-crop-estimate-93-4

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