Acute dryness in Brazil's top soy state may disrupt planting

After 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.

• Sep 25, 2017Extreme dryness slows soybean planting in Brazil-1.6%
• Sep 23, 2019Dry weather may delay soy planting in Brazil - DatamarNews+0.0%
• Sep 14, 2017Brazil's New Soybean Planting Season Delayed by Dryness+1.8%
• Sep 26, 20242024/25 Brazil Soybean Planting Off to a Slow Start+0.3%
• Dec 19, 2018Heat and Dryness in Southern Brazil-4.2%

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.

• Sep 25, 2017Extreme dryness slows soybean planting in Brazil-1.1%
• Sep 14, 2017Brazil's New Soybean Planting Season Delayed by Dryness+2.0%
• Dec 19, 2018Heat and Dryness in Southern Brazil-2.3%
• May 2, 2024Heavy rains in big Brazil farm state disrupt soy, corn harvests in final stages+8.4%
• Oct 23, 2023Brazil Soybean Planting Slows as Dry Conditions Spread+5.2%