A ProTerra Foundation outlook for the 2026/27 Brazilian agricultural markets says Brazil could strengthen its position as a supplier of conventional non-GMO soybeans and soybean meal to Europe. The report cites Conab's forecast of 181.64 million tonnes of soybean output on about 49.3 million hectares, with area growth slowing to 1.4%, and highlights falling Indian soymeal exports and tighter supply from other traditional suppliers.
Growing Brazilian non-GMO supply and premium differentiation could shift European feed soymeal sourcing and support non-GMO premiums, while slowing Brazilian area growth tightens the outlook for export volumes.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.