Brazil could import a record 10 million tonnes of wheat in 2027 as corn crop targets 151.7 million tonnes and soybean planting reaches 67%

CEEMA estimates Brazil's 2026 wheat harvest at 4.9 to 5.1 million tonnes after a yield drop in Paraná to 44 bags per hectare. Final stocks would fall to 4.4% of consumption, raising demand for Argentine wheat and possibly record 2027 imports of 10 million tonnes.

Soybean planting reached 67% nationally and 95.6% in Mato Grosso, and total corn output is projected at 151.7 million tonnes.