# Agribusiness margins are expected to remain under pressure in 2027, Rabobank says

> Rabobank’s 2027 outlook for Brazilian agribusiness says producers will face financing constraints, high debt, commodity-price fluctuations and changing demand, weighing on farm profitability. The report projects fertilizer deliveries of 46.6 million tonnes in 2027 and says soybeans will remain important but exposed to exchange-rate swings.

- Date: 2026-11-09 · published 2026-11-10T01:35:28.952Z
- Category: report · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/90670-agribusiness-margins-are-expected-to-remain-under-pressure-in-2027-rabobank-says
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Tighter credit and high debt may curb farm investment, while currency volatility affects the local cost of inputs and the returns from export crops. The fertilizer-delivery forecast signals recovering demand, but the outlook points to continued pressure on producers’ margins.

## Read by commodity

- DAP: neutral
- SOY: neutral
- TSP: neutral
- CORN: neutral
- HOGS: neutral
- MILK: neutral
- UREA: neutral
- POTASH: neutral
- CHICKEN: neutral
- FCATTLE: neutral
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-05-12 | [May WASDE: ?Relatively in line with expectations? \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/53060-may-wasde-relatively-in-line-with-expectations-iowa-agribusiness-radio-network.md) | -0.9% | +1.3% |
| SOY | 2022-09-01 | [USDA: Farm Sector Profits Forecast to Remain Above Average in 2022 - Pro Farmer](https://feedsoft.ai/events/39590-usda-farm-sector-profits-forecast-to-remain-above-average-in-2022-pro-farmer.md) | -2.5% | -6.4% |
| SOY | 2021-04-08 | [USDA to expand forecasts on soyoil use in biofuels in May crop report - Markets - Business Recorder](https://feedsoft.ai/events/47668-usda-to-expand-forecasts-on-soyoil-use-in-biofuels-in-may-crop-report-markets.md) | +0.1% | +12.3% |
| SOY | 2021-08-12 | [Markets higher after ?exciting? WASDE Report \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/45503-markets-higher-after-exciting-wasde-report-iowa-agribusiness-radio-network.md) | -3.4% | -10.4% |
| SOY | 2022-05-12 | [Corn, Soybean Production Numbers as Expected in May USDA Report](https://feedsoft.ai/events/41348-corn-soybean-production-numbers-as-expected-in-may-usda-report.md) | +0.8% | +7.2% |
| CORN | 2025-03-18 | [China's pig production expected to grow marginally in 2025](https://feedsoft.ai/events/25575-china-s-pig-production-expected-to-grow-marginally-in-2025.md) | -1.9% | +2.0% |
| CORN | 2020-05-12 | [May WASDE: ?Relatively in line with expectations? \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/53060-may-wasde-relatively-in-line-with-expectations-iowa-agribusiness-radio-network.md) | +0.6% | +4.2% |
| CORN | 2021-12-15 | [Higher grain prices expected in 2022 \| Capital Press](https://feedsoft.ai/events/43671-higher-grain-prices-expected-in-2022-capital-press.md) | -3.5% | +1.2% |

## Sources

- agroemcampo.ig.com.br: https://agroemcampo.ig.com.br/2026/noticias/margens-agronegocio-perspectivas-2027/

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