# AgriCensus Report

> Brazil's soybean crop estimates were raised after better-than-expected yields in Rio Grande do Sul, where recent rains followed weeks of dryness. USDA lifted its Brazil forecast by 500,000 mt to 117 million mt, and Conab raised its figure by 300,000 mt to 113.8 million mt. Most Rio Grande do Sul farmers sell on the spot market, so a larger share of this crop remains unsold.

- Date: 2019-04-17 · published 2019-04-17T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/59693-agricensus-report
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A bigger Brazilian crop with less forward selling means more supply is likely to reach spot markets during harvest, which pressures soybean prices and limits premiums. Buyers can expect more competition from Brazilian beans.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-11-25 | [Soybean Weekly Report](https://feedsoft.ai/events/11136-soybean-weekly-report.md) | +0.2% | -1.4% |
| SOY | 2016-08-12 | [Grain market update: prices fluctuate ahead of WASDE report - 12 August 2016 Premium](https://feedsoft.ai/events/9953-grain-market-update-prices-fluctuate-ahead-of-wasde-report-12-august-2016.md) | +1.0% | -2.4% |
| SOY | 2026-06-16 | [Crop Monitor Special Report: El Niño 2026-2027: Anticipated Climate and Agricultural Yield Impacts, June 16, 2026 - World \| ReliefWeb](https://feedsoft.ai/events/18724-crop-monitor-special-report-el-nino-2026-2027-anticipated-climate-and.md) | -0.2% | +7.4% |
| SOY | 2020-04-22 | [Report: Rice prices rise slightly, while corn, cotton and soybean farmers face historic lows - Talk Business & Politics](https://feedsoft.ai/events/6058-report-rice-prices-rise-slightly-while-corn-cotton-and-soybean-farmers-face.md) | -0.6% | +1.4% |
| SOY | 2024-06-13 | [La Nina Taking Longer to Develop, A Good Thing for US Agriculture?](https://feedsoft.ai/events/29664-la-nina-taking-longer-to-develop-a-good-thing-for-us-agriculture.md) | -1.9% | -3.6% |
| SBM | 2024-11-25 | [Soybean Weekly Report](https://feedsoft.ai/events/11136-soybean-weekly-report.md) | -2.2% | -0.8% |
| SBM | 2022-06-23 | [Corn, Soybeans and Wheat Prices Plummet Thursday, Weather is Only Part of the Reason Why - AgWeb](https://feedsoft.ai/events/12698-corn-soybeans-and-wheat-prices-plummet-thursday-weather-is-only-part-of-the.md) | +6.1% | +0.4% |
| SBM | 2024-05-30 | [Slow canola planting in Canada supports EU rapeseed prices](https://feedsoft.ai/events/30366-slow-canola-planting-in-canada-supports-eu-rapeseed-prices.md) | -3.0% | -3.6% |

## Sources

- commodityconversations.com: https://commodityconversations.com/wordpress2/2019/04/17/agricensus-report-18/

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