# Rains benefit first-crop crops, says Conab - Cultivar Magazine

> Conab's December Agricultural Monitoring Bulletin reports good first-half December rainfall across Brazil's main grain states, supporting sowing and crop development. Vegetation indices in Mato Grosso, Mato Grosso do Sul, Goiás and Paraná exceed previous cycles, while the semi-arid Northeast and parts of Matopiba had scarce rain.

- Date: 2024-12-23 · published 2024-12-23T12:00:00.000Z
- Category: report · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/13528-rains-benefit-first-crop-crops-says-conab-cultivar-magazine
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Favorable Brazilian crop conditions point to large soybean and corn supplies, which is bearish for global prices. Dryness in the Northeast and Matopiba is a localized risk to soybean and first-crop corn output.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-09-11 | [Conab closes numbers for the second largest grain harvest - Revista Cultivar](https://feedsoft.ai/events/62866-conab-closes-numbers-for-the-second-largest-grain-harvest-revista-cultivar.md) | -1.2% | +4.3% |
| SOY | 2026-05-26 | [Soybean harvest in Mato Grosso do Sul exceeds initial estimates - Cultivar Magazine](https://feedsoft.ai/events/13436-soybean-harvest-in-mato-grosso-do-sul-exceeds-initial-estimates-cultivar.md) | -1.3% | -6.6% |
| SOY | 2024-07-16 | [Morning Grains Comments 07/16/24 \| Market Reports \| feedlotmagazine.com](https://feedsoft.ai/events/4452-morning-grains-comments-07-16-24-market-reports-feedlotmagazine-com.md) | +3.7% | -6.1% |
| SOY | 2025-04-10 | [CONAB raises Brazil soybean, corn crop estimates - Brownfield Ag News](https://feedsoft.ai/events/13499-conab-raises-brazil-soybean-corn-crop-estimates-brownfield-ag-news.md) | +2.6% | +2.4% |
| SOY | 2020-12-03 | [Crop Conditions Stable \| Feed & Grain](https://feedsoft.ai/events/49490-crop-conditions-stable-feed-and-grain.md) | +0.5% | +14.1% |
| CORN | 2025-08-04 | [Second-crop corn and wheat perform well, says Conab - Cultivar Magazine](https://feedsoft.ai/events/13480-second-crop-corn-and-wheat-perform-well-says-conab-cultivar-magazine.md) | -1.2% | +2.1% |
| CORN | 2023-07-17 | [Can rains save 2023 crops?](https://feedsoft.ai/events/7055-can-rains-save-2023-crops.md) | -8.6% | -12.6% |
| CORN | 2025-02-13 | [Brazil’s Conab Raises Grain Output Forecast on Bigger Corn Crop](https://feedsoft.ai/events/13512-brazil-s-conab-raises-grain-output-forecast-on-bigger-corn-crop.md) | +1.7% | -6.8% |

## Sources

- revistacultivar.com: https://revistacultivar.com/news/chuvas-beneficiam-cultivos-de-primeira-safra-indica-conab

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