
Central Brazil producers are planting soybeans far ahead of schedule after early-season rains, with Mato Grosso planting at 15% by October 3 versus a five-year average of about 6%. Dry weather since then has allowed progress to continue, but the crop is at risk if rains do not arrive quickly.
Fast planting shortens the window for double-cropping safrinha corn, and any delay in rain could cut soybean yields, supporting soybean and meal prices.
After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.
After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% 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.