Chicago soybean contracts recovered during the week after the USDA raised its U.S. production estimate, while the global crop outlook declined. Forecasts show heat in Roraima and Santa Catarina, heavy rain in Tocantins, and possible storms in ten Brazilian states.
Weather risks in Brazil's growing regions raise the chance of lower South American supply, which supports soybean and soymeal prices. The higher USDA U.S. estimate partly offsets this.
After 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.