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South America has largely returned to near-normal weather, with favorable soil moisture in Argentina and good conditions in southern Brazil. Dryness persists in pockets of western Argentina such as Córdoba and La Pampa, where some early plantings had poor emergence.
Favorable moisture supports a large South American crop outlook, which is bearish for wheat, barley, soybean and corn prices, though localized dryness in western Argentina limits the downside.
agrolatam.comAgroLatam U.SSep 15, 2025After 334 past bearish weather events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.9% to +1.7%), and -0.2% over 20.
Not enough comparable past events yet for a historical read.
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.
