# Brazil's soybean harvest 78% complete, corn sowing ends: analysts - Fastmarkets

> Fastmarkets reports Brazil's soybean harvest reached 78% by April 1, in line with the five-year average. Mato Grosso's yield estimate was cut 2.2% year on year, and safrinha corn sowing has finished.

- Date: 2021-04-06 · published 2021-04-06T12:00:00.000Z
- Category: report · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/47444-brazil-s-soybean-harvest-78-complete-corn-sowing-ends-analysts-fastmarkets
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower Mato Grosso and Paraná soybean yields tighten soybean and meal supply, while completed corn sowing shifts price attention to the weather during the growing season.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-02-09 | [Conab slashes Brazil soybean output to 149.4M tonnes and corn to 113.6M tonnes - Fastmarkets](https://feedsoft.ai/events/13588-conab-slashes-brazil-soybean-output-to-149-4m-tonnes-and-corn-to-113-6m-tonnes.md) | -2.6% | -1.9% |
| SOY | 2023-01-12 | [U.S. reduces corn, soybean harvest views - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/13310-u-s-reduces-corn-soybean-harvest-views-agweek-1-source-for-agriculture-news.md) | -0.0% | +0.3% |
| 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 | 2020-07-02 | [Analyst says soybeans, not corn, driving grain complex higher - Brownfield Ag News](https://feedsoft.ai/events/52163-analyst-says-soybeans-not-corn-driving-grain-complex-higher-brownfield-ag-news.md) | +0.5% | -0.2% |
| SOY | 2021-03-31 | [Futures hit limits as USDA fails to deliver corn, soybean planting hike - Fastmarkets](https://feedsoft.ai/events/48140-futures-hit-limits-as-usda-fails-to-deliver-corn-soybean-planting-hike.md) | +3.1% | +14.0% |
| SBM | 2024-02-09 | [Conab slashes Brazil soybean output to 149.4M tonnes and corn to 113.6M tonnes - Fastmarkets](https://feedsoft.ai/events/13588-conab-slashes-brazil-soybean-output-to-149-4m-tonnes-and-corn-to-113-6m-tonnes.md) | -1.9% | -4.4% |
| SBM | 2023-01-12 | [U.S. reduces corn, soybean harvest views - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/13310-u-s-reduces-corn-soybean-harvest-views-agweek-1-source-for-agriculture-news.md) | -4.3% | -4.2% |
| SBM | 2021-03-31 | [Futures hit limits as USDA fails to deliver corn, soybean planting hike - Fastmarkets](https://feedsoft.ai/events/48140-futures-hit-limits-as-usda-fails-to-deliver-corn-soybean-planting-hike.md) | +2.3% | +5.4% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/brazil-s-soybean-harvest-78-complete-corn-sowing-ends-analysts/

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