# Brazil’s corn crop set to fall following low Rio Grande do Sul production - DatamarNews

> INTL FCStone estimates Brazil's first 2019/20 corn crop at 25.75 million tons, 3.4% below expectations, after Rio Grande do Sul's forecast fell 20% to 4.8 million tons due to hot, dry weather. FCStone also nudged its soybean forecast up to 121.76 million tons.

- Date: 2020-01-07 · published 2020-01-07T12:00:00.000Z
- Category: report · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/54916-brazil-s-corn-crop-set-to-fall-following-low-rio-grande-do-sul-production
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A smaller Brazilian corn crop reduces export competition and supports global corn prices, while the slightly higher soybean estimate is a modest offset.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-05-10 | [USDA Lowers Estimates for Brazil Corn and Soy Production](https://feedsoft.ai/events/30215-usda-lowers-estimates-for-brazil-corn-and-soy-production.md) | +2.4% | +2.7% |
| CORN | 2022-12-23 | [Brazil crop production outlook](https://feedsoft.ai/events/13682-brazil-crop-production-outlook.md) | +2.1% | +2.2% |
| CORN | 2022-05-13 | [USDA: U.S. Corn Production to Drop 4.3%](https://feedsoft.ai/events/13358-usda-u-s-corn-production-to-drop-4-3.md) | -1.0% | -1.1% |
| CORN | 2026-02-04 | [Corn production likely to fall after record 2025](https://feedsoft.ai/events/20626-corn-production-likely-to-fall-after-record-2025.md) | +0.1% | +1.5% |
| CORN | 2019-06-11 | [U.S. Corn Production, Supplies Fall, USDA Says](https://feedsoft.ai/events/58451-u-s-corn-production-supplies-fall-usda-says.md) | +6.2% | +3.2% |
| SOY | 2020-01-10 | [Grain markets fall on WASDE, Crop Production Reports](https://feedsoft.ai/events/55018-grain-markets-fall-on-wasde-crop-production-reports.md) | -1.0% | -5.5% |
| SOY | 2022-12-23 | [Brazil crop production outlook](https://feedsoft.ai/events/13682-brazil-crop-production-outlook.md) | +3.5% | +1.4% |
| SOY | 2021-07-08 | [Conab drops its Brazilian corn crop estimate to 93.4 - Pro Farmer](https://feedsoft.ai/events/45902-conab-drops-its-brazilian-corn-crop-estimate-to-93-4-pro-farmer.md) | +5.9% | +1.2% |

## Sources

- datamarnews.com: https://datamarnews.com/noticias/brazils-corn-crop-set-to-fall-following-low-rio-grande-do-sul-production/

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