# Brazil corn output revised downward | 2018-08-10  | World Grain

> Brazil's crop agency Conab cut its 2017-18 corn crop forecast to 82.18 million tonnes from 82.93 million in July, due to adverse weather in key regions. The safrinha second crop was trimmed to 55.34 million tonnes, and exports were held at 30 million tonnes.

- Date: 2018-08-10 · published 2018-08-10T12:00:00.000Z
- Category: report · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/63377-brazil-corn-output-revised-downward-2018-08-10-world-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

A smaller Brazilian corn crop tightens export supply and supports international corn prices, with Brazil competing for export share against the US and Argentina. The lower outlook also raises the likelihood of Brazil relying on import substitution for domestic feed demand.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-09-19 | [COCERAL revises E.U. crop forecast downward \| 2018-09-19  \| World Grain](https://feedsoft.ai/events/62960-coceral-revises-e-u-crop-forecast-downward-2018-09-19-world-grain.md) | +4.5% | +6.5% |
| CORN | 2026-06-11 | [COCERAL revises EU grains output lower \| World Grain](https://feedsoft.ai/events/18756-coceral-revises-eu-grains-output-lower-world-grain.md) | +2.0% | +1.3% |
| CORN | 2019-09-20 | [Coceral sees higher E.U. grain output \| 2019-09-20  \| World Grain](https://feedsoft.ai/events/57023-coceral-sees-higher-e-u-grain-output-2019-09-20-world-grain.md) | +1.7% | +4.4% |
| CORN | 2018-11-12 | [Grain market review: Wheat \| 2018-11-12  \| World Grain](https://feedsoft.ai/events/62073-grain-market-review-wheat-2018-11-12-world-grain.md) | -6.7% | +0.1% |
| CORN | 2018-09-21 | [Sorghum output, demand declines in Mexico \| 2018-09-21  \| World Grain](https://feedsoft.ai/events/63094-sorghum-output-demand-declines-in-mexico-2018-09-21-world-grain.md) | +3.0% | +4.1% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/10810-brazil-corn-output-revised-downward

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