# Drought shrinks soybean crops, wiping R$13bn from Rio Grande do Sul economy

> 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.

- Date: 2025-03-12 · published 2025-03-12T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/13510-drought-shrinks-soybean-crops-wiping-r-13bn-from-rio-grande-do-sul-economy
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A sharp southern Brazil soybean shortfall tightens domestic supply and supports soybean meal prices, although the national crop remains large.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-03-08 | [Drought affects crops in Rio Grande do Sul](https://feedsoft.ai/events/13658-drought-affects-crops-in-rio-grande-do-sul.md) | -1.7% | -0.5% |
| SOY | 2020-03-16 | [AgRural reduces soybean forecast for 19/20 crop due to drought in Rio Grande do Sul - DatamarNews](https://feedsoft.ai/events/53980-agrural-reduces-soybean-forecast-for-19-20-crop-due-to-drought-in-rio-grande-do.md) | +1.9% | +0.9% |
| SOY | 2022-12-26 | [Dry Conditions Slow Soybean Planting in Rio Grande do Sul, Brazil](https://feedsoft.ai/events/13684-dry-conditions-slow-soybean-planting-in-rio-grande-do-sul-brazil.md) | +0.6% | +1.6% |
| SOY | 2021-12-16 | [Featured \| Dry weather affects Rio Grande do Sul's crop](https://feedsoft.ai/events/13756-featured-dry-weather-affects-rio-grande-do-sul-s-crop.md) | +5.2% | +8.1% |
| SOY | 2023-09-04 | [Crop tour sees lower soybean estimates due to drought, record heat  \| World Grain](https://feedsoft.ai/events/13245-crop-tour-sees-lower-soybean-estimates-due-to-drought-record-heat-world-grain.md) | -0.3% | -5.8% |
| SBM | 2023-03-08 | [Drought affects crops in Rio Grande do Sul](https://feedsoft.ai/events/13658-drought-affects-crops-in-rio-grande-do-sul.md) | -1.9% | -8.4% |
| SBM | 2020-03-16 | [AgRural reduces soybean forecast for 19/20 crop due to drought in Rio Grande do Sul - DatamarNews](https://feedsoft.ai/events/53980-agrural-reduces-soybean-forecast-for-19-20-crop-due-to-drought-in-rio-grande-do.md) | +9.9% | -2.5% |
| SBM | 2018-02-28 | [Prolonged drought wrecking soybean and corn crops, threatens Argentina's growth — MercoPress](https://feedsoft.ai/events/66345-prolonged-drought-wrecking-soybean-and-corn-crops-threatens-argentina-s-growth.md) | -0.5% | -3.6% |

## Sources

- valorinternational.globo.com: https://valorinternational.globo.com/agribusiness/news/2025/03/12/drought-shrinks-soybean-crops-wiping-r13bn-from-rio-grande-do-sul-economy.ghtml

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