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Emater-RS says drought will cut Rio Grande do Sul's soybean output 30% from earlier estimates to 15 million tonnes on 6.7 million hectares. The state's crop would be 17.4% below the prior season's 18.2 million tonnes, which already suffered flood losses.
A sharp southern Brazil soybean shortfall tightens domestic supply and supports soybean meal prices, although the national crop remains large.
valorinternational.globo.comPatrick Cruz, Marcelo BeledeliMar 12, 2025After 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 453 past bullish weather events, Soybean Meal moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), 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.
