Loading…
Brazil’s 2026/27 soybean crop is projected at 183.36 million tonnes, while first-crop corn is forecast at 29.3 million tonnes, up 2.4% from 2025/26. The outlook also cites a positive revision to the 2025/26 second corn crop to 111 million tonnes and reports that January–August imports of urea fell 23% year over year.
Large projected soybean and corn crops could add to supply and weigh on prices, although weather remains a key uncertainty. Lower urea imports may tighten fertilizer availability and support prices in Brazil.
iceasa.com.brNov 6, 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.
After 76 past bullish report events, Urea moved a median 0.0% over 5 sessions (49% higher; middle half -2.2% to +2.9%), and -0.3% 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.
