# Soybeans Close Higher as Hot Weather Persists in Brazil

> Soybeans closed higher on Friday as hot, dry weather persisted in Brazil, with temperatures in the 90s. Commodity Weather Group warned that heat could expand and cause further yield losses, with significant shares of soybean, first-crop corn and cotton areas at risk.

- Date: 2019-01-18 · published 2019-01-18T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/12390-soybeans-close-higher-as-hot-weather-persists-in-brazil
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Heat stress threatening Brazil's soybean and corn crops tightens export supplies and supports global soymeal and soybean prices. The risk of further yield losses adds upward price pressure.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-05-21 | [Smaller corn, soybean yields expected as wet weather persists in Midwest - UPI.com](https://feedsoft.ai/events/58939-smaller-corn-soybean-yields-expected-as-wet-weather-persists-in-midwest-upi-com.md) | +2.9% | +9.8% |
| SOY | 2017-06-07 | [Corn, soybeans higher on weather concerns - Brownfield Ag News](https://feedsoft.ai/events/70428-corn-soybeans-higher-on-weather-concerns-brownfield-ag-news.md) | +1.0% | +5.7% |
| SOY | 2025-10-03 | [Central Brazil Soybeans at Risk With Continued Dry Weather](https://feedsoft.ai/events/13464-central-brazil-soybeans-at-risk-with-continued-dry-weather.md) | -0.1% | +6.6% |
| SOY | 2018-01-19 | [GRAIN MARKETS: Soybeans step higher on South American weather](https://feedsoft.ai/events/12099-grain-markets-soybeans-step-higher-on-south-american-weather.md) | +2.0% | +5.3% |
| SOY | 2023-10-25 | [All over Brazil, extreme weather is affecting soybean planting](https://feedsoft.ai/events/13618-all-over-brazil-extreme-weather-is-affecting-soybean-planting.md) | -0.6% | +6.3% |
| SBM | 2019-05-21 | [Smaller corn, soybean yields expected as wet weather persists in Midwest - UPI.com](https://feedsoft.ai/events/58939-smaller-corn-soybean-yields-expected-as-wet-weather-persists-in-midwest-upi-com.md) | +5.2% | +8.3% |
| SBM | 2023-10-25 | [All over Brazil, extreme weather is affecting soybean planting](https://feedsoft.ai/events/13618-all-over-brazil-extreme-weather-is-affecting-soybean-planting.md) | -0.1% | +6.7% |
| SBM | 2023-08-28 | [Soybeans at 1-month high, corn firm as hot, dry weather hits US crops - Markets - Business Recorder](https://feedsoft.ai/events/34585-soybeans-at-1-month-high-corn-firm-as-hot-dry-weather-hits-us-crops-markets.md) | -1.5% | -7.0% |

## Sources

- agriculture.com: https://www.agriculture.com/markets/analysis/soybeans-decline-on-lack-of-fundamental-data

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