# IBGE projects 2027 grain harvest of 346.6 million tonnes

> IBGE's first 2027 forecast under its LSPA survey puts Brazil's grain harvest at 346.6 million tonnes, down 2.6% (9.2 million tonnes) from the record estimated for 2026. Harvested area is seen slipping 0.1% to 83.2 million hectares, and soybeans are projected at 173.9 million tonnes, down 0.6%. IBGE attributes the decline to a strong El Niño in key producing regions and higher input costs driven by expensive oil.

- Date: 2026-11-13 · published 2026-11-14T12:10:42.453Z
- Category: report · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/99354-ibge-projects-2027-grain-harvest-of-346-6-million-tonnes
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A forecast drop in Brazil's soybean and grain output, combined with costlier fertilizer and fuel, supports soybean meal and corn prices for feed buyers. The estimate is an early projection, so the market impact is moderate.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-10-07 | [September´s estimate expects harvest of 250.9 million tonnes in 2021 \| News Agency](https://feedsoft.ai/events/44375-september-s-estimate-expects-harvest-of-250-9-million-tonnes-in-2021-news-agency.md) | -3.8% | -0.8% |
| SOY | 2019-03-12 | [Grain harvest should grow 1% and reach 228.8 million tonnes in 2019 \| News Agency](https://feedsoft.ai/events/59927-grain-harvest-should-grow-1-and-reach-228-8-million-tonnes-in-2019-news-agency.md) | +3.2% | +2.4% |
| SOY | 2019-07-11 | [Estimates for 2019 harvest increase, hit 236 million tonnes \| News Agency](https://feedsoft.ai/events/57935-estimates-for-2019-harvest-increase-hit-236-million-tonnes-news-agency.md) | -1.2% | -5.0% |
| SOY | 2019-10-01 | [USDA Expects Farmers to Harvest 13.8 Billion Bushels of Corn](https://feedsoft.ai/events/56416-usda-expects-farmers-to-harvest-13-8-billion-bushels-of-corn.md) | +1.0% | +1.6% |
| SOY | 2024-05-24 | [Datagro Grãos reduces estimate for Brazil's 2023-24 soybean harvest to 147,571 million tons - Revista Cultivar](https://feedsoft.ai/events/13572-datagro-graos-reduces-estimate-for-brazil-s-2023-24-soybean-harvest-to-147-571.md) | -2.8% | -5.2% |
| SBM | 2019-07-11 | [Estimates for 2019 harvest increase, hit 236 million tonnes \| News Agency](https://feedsoft.ai/events/57935-estimates-for-2019-harvest-increase-hit-236-million-tonnes-news-agency.md) | -0.5% | -5.2% |
| SBM | 2019-10-01 | [USDA Expects Farmers to Harvest 13.8 Billion Bushels of Corn](https://feedsoft.ai/events/56416-usda-expects-farmers-to-harvest-13-8-billion-bushels-of-corn.md) | +0.5% | +2.7% |
| SBM | 2017-02-01 | [World stockfeed production eclipses one billion tonnes for first time - Grain Central](https://feedsoft.ai/events/72615-world-stockfeed-production-eclipses-one-billion-tonnes-for-first-time-grain.md) | +0.4% | +0.1% |

## Sources

- agronews.tv.br: https://www.agronews.tv.br/ibge-projeta-safra-graos-milhoes

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