# Historic crop loss expected as new frosts hit Brazilian corn areas - Fastmarkets

> A new cold wave brought frosts to Paraná, Mato Grosso do Sul and nearby states where late-planted safrinha corn is exposed. Agrural cut its safrinha estimate to 59.1 million tonnes, 22 million below initial potential, and traders are washing out export contracts to the domestic market.

- Date: 2021-07-22 · published 2021-07-22T12:00:00.000Z
- Category: weather · region Brazil · magnitude high
- Page: https://feedsoft.ai/events/45904-historic-crop-loss-expected-as-new-frosts-hit-brazilian-corn-areas-fastmarkets
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Export losses from Brazil remove a major corn supply source, and contract washouts signal tighter export availability, supporting global corn prices.

## Read by commodity

- CORN: bullish ▲
- BARGE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-01-27 | [Corn and soybean farmers in Brazil hit by huge losses amid droughts - Fastmarkets](https://feedsoft.ai/events/13748-corn-and-soybean-farmers-in-brazil-hit-by-huge-losses-amid-droughts-fastmarkets.md) | +1.7% | +10.2% |
| CORN | 2024-01-04 | [Lower Brazilian crop production estimates expected - Brownfield Ag News](https://feedsoft.ai/events/13601-lower-brazilian-crop-production-estimates-expected-brownfield-ag-news.md) | -1.1% | -2.1% |
| CORN | 2022-01-05 | [Corn 2021 review, highlights and what to expect for 2022 - Fastmarkets](https://feedsoft.ai/events/43042-corn-2021-review-highlights-and-what-to-expect-for-2022-fastmarkets.md) | +1.5% | +4.5% |
| CORN | 2026-05-11 | [The second corn crop 2025/26 will have an increase in area, but production is expected to fall by almost 10% in Brazil.](https://feedsoft.ai/events/13437-the-second-corn-crop-2025-26-will-have-an-increase-in-area-but-production-is.md) | +1.4% | -5.6% |
| CORN | 2024-05-06 | [Soybeans ease from 6-week high, but Brazilian crop woes limit downside - Markets - Business Recorder](https://feedsoft.ai/events/11631-soybeans-ease-from-6-week-high-but-brazilian-crop-woes-limit-downside-markets.md) | +1.8% | +3.9% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/historic-crop-loss-expected-as-new-frosts-hit-brazilian-corn-areas/

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