Loading…
Brazil's soybean harvest reached about 1.1% by January 23, with Mato Grosso at roughly 2% against a 9.4% five-year average. Delays are attributed to late planting, and drier weather is forecast for the Midwest.
A slow harvest in Mato Grosso raises the risk of delayed exports and quality losses, which gives mild support to soybean prices.
ukragroconsult.comJan 23, 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.
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.
