# BrasilAgro (AGRO3) Projects 26/27 Crop of 439.3K t, Down 3%

> BrasilAgro revised its 2026/27 operating estimates, projecting 439.3 thousand tons of grains and cotton, 3% below its initial estimate. Total planned area is 164,664 hectares, with first-crop corn area down 15% in Mato Grosso and soybean area up 1%. The company also revised sugarcane output to 2.06 million tons amid weather and crushing delays.

- Date: 2026-11-03 · published 2026-11-04T03:11:30.840Z
- Category: report · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/79064-brasilagro-agro3-projects-26-27-crop-of-439-3k-t-down-3
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Shifting acreage from corn to soybeans in Brazil's central-west tightens corn supply outlook while adding soybean and soybean meal supply, a mild bearish signal for corn prices given the company cites weak corn returns.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-02-01 | [Breaking Down 5 Projections in the USDA 2024 Corn Outlook](https://feedsoft.ai/events/13208-breaking-down-5-projections-in-the-usda-2024-corn-outlook.md) | -4.7% | -6.6% |
| CORN | 2022-12-23 | [Brazil crop production outlook](https://feedsoft.ai/events/13682-brazil-crop-production-outlook.md) | +2.1% | +2.2% |
| CORN | 2021-07-08 | [Conab drops its Brazilian corn crop estimate to 93.4 - Pro Farmer](https://feedsoft.ai/events/45902-conab-drops-its-brazilian-corn-crop-estimate-to-93-4-pro-farmer.md) | +3.4% | -10.1% |
| CORN | 2018-09-11 | [France: Ministry of Agriculture corrects crop estimates](https://feedsoft.ai/events/62963-france-ministry-of-agriculture-corrects-crop-estimates.md) | -1.8% | +0.2% |
| CORN | 2017-07-11 | [USDA: Corn drops 3 points to 65% g/e, soybeans down 2 to 62% \| Farm Progress](https://feedsoft.ai/events/69805-usda-corn-drops-3-points-to-65-g-e-soybeans-down-2-to-62-farm-progress.md) | -4.3% | -4.6% |
| SOY | 2019-05-10 | [Wheat down on higher USDA crop projection - Brownfield Ag News](https://feedsoft.ai/events/5742-wheat-down-on-higher-usda-crop-projection-brownfield-ag-news.md) | +4.9% | +7.0% |
| SOY | 2021-02-03 | [Brazilian crop prospects improve but bean harvest delayed \| Farm Online \| ACT](https://feedsoft.ai/events/48468-brazilian-crop-prospects-improve-but-bean-harvest-delayed-farm-online-act.md) | +3.5% | +4.1% |
| SOY | 2016-08-25 | [Soybeans, corn down, expecting record crops - Brownfield Ag News](https://feedsoft.ai/events/12395-soybeans-corn-down-expecting-record-crops-brownfield-ag-news.md) | -6.9% | -5.3% |

## Sources

- visnoinvest.com: https://visnoinvest.com/news/16070/brasilagro-agro3-projects-26-27-crop-of-439-3k-t-down-3

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