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Above-average heat and irregular rainfall have kept soil moisture low in the Matopiba region at the start of the 2026/27 soybean season. Temperatures in September and October ran 2 to 3.6°C above historical averages in several municipalities.
The situation is compounded by a forecast of a strong El Niño in the coming months.
Poor soil moisture during crop establishment in Matopiba, a major soybean growing area, raises the risk of lower yields and supports soybean and soybean meal prices.
cashpost.com.brThaffarel GoncalvesNov 15, 2026After 1,085 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (55% higher; middle half -1.4% to +2.0%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
