
Nottus Consulting forecasts a more favorable and less extreme climate for Brazil's 2025/26 harvest, citing persistent cold waters in the Equatorial Pacific that do not amount to a strong La Niña. Regional outlooks show good soil moisture in the south after spring rains.
A milder weather outlook reduces the risk of large crop losses versus the prior drought-hit season, which is mildly bearish for soybean and corn prices.
After 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 357 past bearish weather events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.3%), and -0.5% 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.