# Brazil Crop, Midwest Weather Outlook for Soybeans

> 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.

- Date: 2026-03-12 · published 2026-03-12T12:00:00.000Z
- Category: weather · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/13012-brazil-crop-midwest-weather-outlook-for-soybeans
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Favorable Brazilian conditions and long-term expansion potential weigh on soybean prices by expecting ample global supply.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-12-13 | [Brazil soybean update and U.S. weather outlook - Morning Ag Clips](https://feedsoft.ai/events/61420-brazil-soybean-update-and-u-s-weather-outlook-morning-ag-clips.md) | -2.2% | -2.3% |
| SOY | 2026-02-13 | [Weather favors Brazil’s soybean crop \| World Grain](https://feedsoft.ai/events/13448-weather-favors-brazil-s-soybean-crop-world-grain.md) | +0.0% | +6.5% |
| SOY | 2026-06-04 | [Corn and soybeans extend losses as favorable crop weather improves outlook](https://feedsoft.ai/events/10647-corn-and-soybeans-extend-losses-as-favorable-crop-weather-improves-outlook.md) | -2.7% | -1.9% |
| SOY | 2022-09-28 | [Brazil readies for historic soybean crop](https://feedsoft.ai/events/13699-brazil-readies-for-historic-soybean-crop.md) | -1.7% | -1.8% |
| SOY | 2024-04-11 | [Southern Brazil reaps record soy to offset center-west crop failure](https://feedsoft.ai/events/13573-southern-brazil-reaps-record-soy-to-offset-center-west-crop-failure.md) | -1.3% | +4.1% |
| SBM | 2018-12-13 | [Brazil soybean update and U.S. weather outlook - Morning Ag Clips](https://feedsoft.ai/events/61420-brazil-soybean-update-and-u-s-weather-outlook-morning-ag-clips.md) | -1.0% | -0.1% |
| SBM | 2026-02-13 | [Weather favors Brazil’s soybean crop \| World Grain](https://feedsoft.ai/events/13448-weather-favors-brazil-s-soybean-crop-world-grain.md) | -0.0% | +6.9% |
| SBM | 2022-09-28 | [Brazil readies for historic soybean crop](https://feedsoft.ai/events/13699-brazil-readies-for-historic-soybean-crop.md) | -4.6% | -0.8% |

## Sources

- iasoybeans.com: https://www.iasoybeans.com/newsroom/article/commodity-classic-brazils-weather-and-midwest-outlook-shape-soybean-markets

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