# South American planting is behind schedule | Iowa Agribusiness Radio Network

> Brazil's soybean planting is running behind schedule after the dry season, with central Brazil very low on moisture. Argentina is also behind on rainfall, mainly affecting its corn crop. The safrinha corn crop depends heavily on timely planting.

- Date: 2024-10-24 · published 2024-10-24T12:00:00.000Z
- Category: weather · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/13543-south-american-planting-is-behind-schedule-iowa-agribusiness-radio-network
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Delayed planting in Brazil and Argentina tightens expectations for South American corn supply, supporting corn and feed prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-05-01 | [Corn prices favorable despite planting delays \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/65066-corn-prices-favorable-despite-planting-delays-iowa-agribusiness-radio-network.md) | +1.7% | +3.5% |
| CORN | 2017-09-28 | [Midwest continues to see dry weather \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/68800-midwest-continues-to-see-dry-weather-iowa-agribusiness-radio-network.md) | +2.6% | +2.3% |
| CORN | 2019-10-04 | [A Slow Start for Planting in South America \| Red River Farm Network](https://feedsoft.ai/events/56406-a-slow-start-for-planting-in-south-america-red-river-farm-network.md) | +0.3% | +0.2% |
| CORN | 2018-01-29 | [Grain futures trend higher amidst Argentine drought \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/67039-grain-futures-trend-higher-amidst-argentine-drought-iowa-agribusiness-radio.md) | +0.1% | +0.9% |
| CORN | 2021-05-05 | [?Perfect storm? for grain futures, market analyst says \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/11305-perfect-storm-for-grain-futures-market-analyst-says-iowa-agribusiness-radio.md) | +1.4% | -4.0% |
| SOY | 2017-09-28 | [Midwest continues to see dry weather \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/68800-midwest-continues-to-see-dry-weather-iowa-agribusiness-radio-network.md) | -0.8% | +1.0% |
| SOY | 2019-10-04 | [A Slow Start for Planting in South America \| Red River Farm Network](https://feedsoft.ai/events/56406-a-slow-start-for-planting-in-south-america-red-river-farm-network.md) | +1.3% | +0.5% |
| SOY | 2018-01-29 | [Grain futures trend higher amidst Argentine drought \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/67039-grain-futures-trend-higher-amidst-argentine-drought-iowa-agribusiness-radio.md) | -0.7% | +4.9% |

## Sources

- iowaagribusinessradionetwork.com: https://iowaagribusinessradionetwork.com/south-american-planting-is-behind-schedule/

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