Mato Grosso Farmers Have Contracted 43% of Soy and 19% of Corn
22 October 2026, US: Farmers in Mato Grosso have forward contracted 43.7% of their anticipated 2026/27 soybean production compared to 36.1% last year according to the Mato Grosso Institute of Agricultural Economics (Imea). This marks an increase of 4.6% during the month of September and is the fastest pace since the 2020/21 growing season. Farmers took advantage of the price appreciation during September to lock in sales.
The picture for corn in Mato Grosso is different. Farmers in the state have forward contracted 19.7% of their anticipated 2026/27 corn production, which represents an increase of 3.8% during the month of September. The average price negotiated during September was R$ 48.69 per sack (approximately $4.45 per bushel). Corn sales remain behind those of soybeans (43.7%) and cotton (43.3%) because it is more dependent on improving investment conditions and firmer signs of demand.
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