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Brazil’s Conab forecasts soybean production of 181.6 million metric tons and corn production of 148 million tons for the coming season, with total grain output potentially reaching 367.1 million tons. The article highlights farmers’ concerns that record output could weigh on prices and increase pressure on their finances.
A larger Brazilian harvest could boost exportable supplies and weigh on soybean and corn prices, particularly if demand does not keep pace. The scale of the forecast makes this a meaningful supply-side development.
farm.fmSigrid BjornssonNov 7, 2026After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% 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.
