# USDA Report Sends Soybean and Corn Prices Soaring in Brazil

> The latest USDA supply and demand report cut US and global production estimates and reduced global stock forecasts, while raising projected world grain consumption. CBOT soybeans, corn and wheat closed sharply higher, and prices in Brazil on B3 also rose. The article highlights the report as a break from recent neutral or bearish reports.

- Date: 2026-11-11 · published 2026-11-12T01:35:23.942Z
- Category: report · region Global · magnitude high
- Page: https://feedsoft.ai/events/94678-usda-report-sends-soybean-and-corn-prices-soaring-in-brazil
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Lower production and stocks tighten the global grain balance and lift export prices, raising feed costs for buyers. Brazilian export premiums and the dollar-real rate also amplify the price effect on local markets.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-03-31 | [USDA Report Bullish for Corn, Bearish for Soybeans](https://feedsoft.ai/events/42296-usda-report-bullish-for-corn-bearish-for-soybeans.md) | +4.1% | +5.9% |
| CORN | 2022-08-12 | [USDA Lowers Corn Production, Increases Soybean Production in August Reports](https://feedsoft.ai/events/39956-usda-lowers-corn-production-increases-soybean-production-in-august-reports.md) | -0.7% | -1.6% |
| CORN | 2026-04-11 | [Soybeans up and corn down in planting report - High Plains Journal](https://feedsoft.ai/events/19799-soybeans-up-and-corn-down-in-planting-report-high-plains-journal.md) | +1.7% | +3.2% |
| CORN | 2018-07-12 | [USDA Bumps Corn and Soybean Production, Drops Soybean Exports](https://feedsoft.ai/events/63997-usda-bumps-corn-and-soybean-production-drops-soybean-exports.md) | +2.9% | +12.0% |
| CORN | 2022-09-12 | [USDA Lowers Corn and Soybean Yields](https://feedsoft.ai/events/39551-usda-lowers-corn-and-soybean-yields.md) | -1.1% | -1.5% |
| SOY | 2025-08-13 | [USDA crop report: Corn yields soar, soybean prices rise](https://feedsoft.ai/events/23278-usda-crop-report-corn-yields-soar-soybean-prices-rise.md) | +0.1% | -0.6% |
| SOY | 2017-01-01 | [USDA Reports Provide Support to Soybean Prices](https://feedsoft.ai/events/72939-usda-reports-provide-support-to-soybean-prices.md) | 0.0% | +2.8% |
| SOY | 2022-09-12 | [USDA Lowers Corn and Soybean Yields](https://feedsoft.ai/events/39551-usda-lowers-corn-and-soybean-yields.md) | -2.7% | -8.2% |

## Sources

- rioverderural.com.br: https://rioverderural.com.br/relatorio-usda-dispara-soja-e-milho-no-brasil/

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