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Safras & Mercado raised its forecast for Brazil’s 2026/27 corn crop by about 6 million tonnes to a record 151.7 million tonnes. The increase reflects a larger projected second crop, improved expected productivity, and a sharp upward revision for the North and Northeast; planted area was also raised to 23.51 million hectares.
A larger crop estimate points to greater domestic and export availability, which can weigh on corn prices if realized. The record forecast is a meaningful bearish supply signal.
tvsimbrasil.com.brRedação TV Sim BrasilNov 7, 2026After 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.
