# Harsh climatic conditions can affect 2018 harvest  | News Agency

> Brazil's IBGE first 2018 harvest estimate puts grain output at 220.2 million metric tons, 8.9% below the 2017 estimate of 241.6 million. The decline is mainly in corn (14.3 million tons) and soybeans (7.2 million tons) due to less favorable climate than the prior season.

- Date: 2017-11-09 · published 2017-11-09T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/67822-harsh-climatic-conditions-can-affect-2018-harvest-news-agency
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A smaller Brazilian crop tightens export supplies of corn and soybeans, supporting prices for soybeans, corn and soybean meal. Delayed planting also threatens the second-crop corn window.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-06-28 | [Climatic conditions impact 2nd harvest and winter crops, points out Conab - Revista Cultivar](https://feedsoft.ai/events/13563-climatic-conditions-impact-2nd-harvest-and-winter-crops-points-out-conab.md) | -0.3% | -0.9% |
| CORN | 2020-06-26 | [Climate change could affect the second corn harvest in Brazil - Revista Cultivar](https://feedsoft.ai/events/52440-climate-change-could-affect-the-second-corn-harvest-in-brazil-revista-cultivar.md) | +4.6% | +0.9% |
| CORN | 2016-12-24 | [Poor weather conditions take a toll on EU cereal harvest - Agriland.ie](https://feedsoft.ai/events/73393-poor-weather-conditions-take-a-toll-on-eu-cereal-harvest-agriland-ie.md) | +0.4% | +4.6% |
| CORN | 2017-06-12 | [Hot and dry conditions continue across much of Midwest - Brownfield Ag News](https://feedsoft.ai/events/70339-hot-and-dry-conditions-continue-across-much-of-midwest-brownfield-ag-news.md) | -0.6% | +2.1% |
| CORN | 2020-03-13 | [Rainfall and other climate conditions for March - AgriFocus Africa](https://feedsoft.ai/events/54059-rainfall-and-other-climate-conditions-for-march-agrifocus-africa.md) | -4.2% | -1.9% |
| SOY | 2017-06-12 | [Hot and dry conditions continue across much of Midwest - Brownfield Ag News](https://feedsoft.ai/events/70339-hot-and-dry-conditions-continue-across-much-of-midwest-brownfield-ag-news.md) | -0.3% | +8.4% |
| SOY | 2018-10-16 | [Excess rainfall mars harvest of large soybean, corn crops \| 2018-10-16  \| Food Business News](https://feedsoft.ai/events/62378-excess-rainfall-mars-harvest-of-large-soybean-corn-crops-2018-10-16-food.md) | -3.7% | -2.2% |
| SOY | 2019-09-14 | [Meteorologist is watching dry conditions in Brazil - Brownfield Ag News](https://feedsoft.ai/events/56902-meteorologist-is-watching-dry-conditions-in-brazil-brownfield-ag-news.md) | -0.2% | +5.8% |

## Sources

- agenciadenoticias.ibge.gov.br: https://agenciadenoticias.ibge.gov.br/en/agencia-news/2184-news-agency/news/17910-harsh-climatic-conditions-can-affect-2018-harvest

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