# Brazil’s Giant Soy Harvest Caps Global Grain Price Rallies — BRZ News

> USDA's Brazil attaché projected Brazil's 2026/27 soybean crop at a record 184 million tonnes, up about 2% from the prior cycle. Planted area is expected to grow 1.4% to 49.7 million hectares, with early rains supporting planting. November CBOT soybeans fell to $12.1975 on October 29.

- Date: 2026-11-02 · published 2026-11-02T03:05:32.729Z
- Category: report · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/74628-brazil-s-giant-soy-harvest-caps-global-grain-price-rallies-brz-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A large Brazilian supply expected to reach export markets keeps pressure on world soybean, meal and oil prices and competes with US exports.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-07-11 | [Brazil raises forecast for record grain harvest](https://feedsoft.ai/events/13484-brazil-raises-forecast-for-record-grain-harvest.md) | +0.9% | -4.0% |
| SOY | 2026-01-01 | [Brazil soy boom may crash global grain markets](https://feedsoft.ai/events/21533-brazil-soy-boom-may-crash-global-grain-markets.md) | +1.6% | +3.3% |
| SOY | 2022-10-06 | [Early rains boost hopes for record Brazilian corn, soybean output in 2022-23 - Grain Price News](https://feedsoft.ai/events/13693-early-rains-boost-hopes-for-record-brazilian-corn-soybean-output-in-2022-23.md) | +1.9% | +5.1% |
| SOY | 2020-02-12 | [Brazil's Soybean Harvest 16% Complete](https://feedsoft.ai/events/54461-brazil-s-soybean-harvest-16-complete.md) | +1.4% | -1.9% |
| SOY | 2026-07-17 | [Global grain production to fall by 69 mln tons after record harvest](https://feedsoft.ai/events/5065-global-grain-production-to-fall-by-69-mln-tons-after-record-harvest.md) | +3.6% | -2.2% |
| SBM | 2025-07-11 | [Brazil raises forecast for record grain harvest](https://feedsoft.ai/events/13484-brazil-raises-forecast-for-record-grain-harvest.md) | -0.0% | +2.2% |
| SBM | 2026-01-01 | [Brazil soy boom may crash global grain markets](https://feedsoft.ai/events/21533-brazil-soy-boom-may-crash-global-grain-markets.md) | +2.0% | +0.9% |
| SBM | 2022-10-06 | [Early rains boost hopes for record Brazilian corn, soybean output in 2022-23 - Grain Price News](https://feedsoft.ai/events/13693-early-rains-boost-hopes-for-record-brazilian-corn-soybean-output-in-2022-23.md) | +4.4% | +5.8% |

## Sources

- brznews.com: https://brznews.com/article/agro-your-grocery-bill-vs-south-american-supply-brazil-s-giant-soy-harvest

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