Loading…
At Commodity Classic, Nutrien's Eric Snodgrass said Brazil's large production area could add about 40 million soybean acres over the next decade. Recent monitoring shows generally favorable growing conditions in Brazil, with some dryness in southern Brazil that could help harvest.
Favorable Brazilian conditions and long-term expansion potential weigh on soybean prices by expecting ample global supply.
iasoybeans.comIowa Soybean AssociationMar 12, 2026After 363 past bearish weather events, Soybeans moved a median -0.6% over 5 sessions (42% higher; middle half -2.5% to +1.1%), and -0.2% over 20.
After 118 past bearish weather events, Soybean Meal moved a median -0.8% over 5 sessions (35% higher; middle half -3.2% to +0.4%), and -1.6% 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.
