# Weather has contributed to good results of Brazil's 2018/2019 harvest | Agrifish  | POST Online Media

> Conab forecasts Brazil's 2018/19 grain harvest at 238.3 million tons, up 4.5% year on year, with soybeans at 116.7 to 119.3 million tons and corn at 90 to 91 million tons. The agency credits favorable weather for the strong outlook.

- Date: 2018-11-10 · published 2018-11-10T12:00:00.000Z
- Category: report · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/61884-weather-has-contributed-to-good-results-of-brazil-s-2018-2019-harvest-agrifish
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A larger Brazilian soybean and corn crop increases export availability and competes with US supplies, which is bearish for global feed grain and meal prices.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-08-12 | [Brazil harvests 241 million tonnes of grains - Food & Agribusiness](https://feedsoft.ai/events/57422-brazil-harvests-241-million-tonnes-of-grains-food-and-agribusiness.md) | -0.7% | -3.3% |
| SOY | 2018-01-15 | [Brazil forecasts 110m tons of soybeans and 25m tons of corn in 2017/18 harvest — MercoPress](https://feedsoft.ai/events/66834-brazil-forecasts-110m-tons-of-soybeans-and-25m-tons-of-corn-in-2017-18-harvest.md) | +4.3% | +6.1% |
| SOY | 2019-06-11 | [Grain harvest in Brazil expected to surpass 238 mi tons \| Agência Brasil](https://feedsoft.ai/events/58428-grain-harvest-in-brazil-expected-to-surpass-238-mi-tons-agencia-brasil.md) | +6.3% | +2.8% |
| SOY | 2017-04-06 | [Brazil To Harvest Record Corn And Soybean Yields](https://feedsoft.ai/events/71350-brazil-to-harvest-record-corn-and-soybean-yields.md) | +0.4% | +2.2% |
| SOY | 2017-04-11 | [Brazil: CONAB forecast of soya bean and maize harvest](https://feedsoft.ai/events/71352-brazil-conab-forecast-of-soya-bean-and-maize-harvest.md) | +0.5% | +2.5% |
| CORN | 2019-08-12 | [Brazil harvests 241 million tonnes of grains - Food & Agribusiness](https://feedsoft.ai/events/57422-brazil-harvests-241-million-tonnes-of-grains-food-and-agribusiness.md) | -6.0% | -8.6% |
| CORN | 2017-02-16 | [Brazil forecasts record soy and corn harvests, on good climate conditions — MercoPress](https://feedsoft.ai/events/72331-brazil-forecasts-record-soy-and-corn-harvests-on-good-climate-conditions.md) | -0.3% | -1.5% |
| CORN | 2018-01-15 | [Brazil forecasts 110m tons of soybeans and 25m tons of corn in 2017/18 harvest — MercoPress](https://feedsoft.ai/events/66834-brazil-forecasts-110m-tons-of-soybeans-and-25m-tons-of-corn-in-2017-18-harvest.md) | +2.3% | +3.3% |

## Sources

- poandpo.com: https://www.poandpo.com/agrifish/weather-has-contributed-to-good-results-of-brazils-20182019-harvest-1011201880/

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