Sep 08, 2026
Brazil Farmers Purchased 90% of Soy Fertilizers, 45% for Safrinha
Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.
Brazilian producers have purchased approximately 90% of the fertilizers required for their 2026/27 soybean production, but only 45% for their safrinha corn crop. Recent commodity price increases have improved market conditions for farmers, but they are still expected to reduce their phosphate applications for the 2026/27 soybean crop.
Most market analysts expect Brazilian farmers to reduce phosphate applications by 5-10%. If a farmer had been diligent in maintaining his soil fertility, a reduction of 5-10% in phosphate fertilizer may not have a significant impact on potential yields if the weather cooperates during the growing season.
Mato Grosso is particularly prepared to start planting during the second half of September, if the weather conditions allow. In Rio Grande do Sul, where the planting calendar is later, about 65% of the fertilizer purchases have been made, leaving room for further negotiations. Farmers are finding better trading conditions than several months ago. For example, the price of superphosphate fertilizer has declined 30% since April.
Fertilizer purchases for safrinha corn vary significantly by region. Mato Grosso appears to be 65% covered, while Parana and Mato Grosso do Sul are around 40%, Goias remains below 30%, and purchases in Maranhao, Piaui, and Tocantins are below 20%.
One of the biggest problems for Brazilian farmers as far as fertilizers are concerned, is not necessarily the price of fertilizers, but rather the lack of credit. Interest rates on production loans are very high, and many farmers cannot qualify for additional credit.