# Brazil Crop Production Preview - Blue Line Futures

> Brazil is facing one of its worst droughts in nearly 40 years as first-crop corn and soybean planting approaches. Second-crop corn harvest is still being completed in Mato Grosso, which accounts for a large share of Brazilian corn and soybean output. Delays in that harvest could postpone soybean planting in the Central-West.

- Date: 2024-09-19 · published 2024-09-19T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/13545-brazil-crop-production-preview-blue-line-futures
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Drought and planting delays threaten Brazilian corn and soybean output and export capacity, which tightens global supply and supports prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-06-09 | [Brazil Declares First Drought Alert in a Century: Weighs on Crop Production](https://feedsoft.ai/events/46413-brazil-declares-first-drought-alert-in-a-century-weighs-on-crop-production.md) | -1.4% | -1.4% |
| CORN | 2024-01-04 | [Lower Brazilian crop production estimates expected - Brownfield Ag News](https://feedsoft.ai/events/13601-lower-brazilian-crop-production-estimates-expected-brownfield-ag-news.md) | -1.1% | -2.1% |
| CORN | 2017-07-27 | [Crop futures higher Thurs. on dry weather \| The Western Producer](https://feedsoft.ai/events/70067-crop-futures-higher-thurs-on-dry-weather-the-western-producer.md) | -1.3% | -7.0% |
| CORN | 2025-02-07 | [Ukraine's Grain Exports Plummet 26% Sharp Production Decline \| Paradigm Futures](https://feedsoft.ai/events/14230-ukraine-s-grain-exports-plummet-26-sharp-production-decline-paradigm-futures.md) | +1.5% | -6.3% |
| CORN | 2023-12-18 | [El Niño Fuels Crop Issues In Brazil](https://feedsoft.ai/events/13605-el-nino-fuels-crop-issues-in-brazil.md) | -1.5% | -3.8% |
| SOY | 2024-01-04 | [Lower Brazilian crop production estimates expected - Brownfield Ag News](https://feedsoft.ai/events/13601-lower-brazilian-crop-production-estimates-expected-brownfield-ag-news.md) | -3.2% | -5.2% |
| SOY | 2017-07-27 | [Crop futures higher Thurs. on dry weather \| The Western Producer](https://feedsoft.ai/events/70067-crop-futures-higher-thurs-on-dry-weather-the-western-producer.md) | -2.3% | -5.4% |
| SOY | 2022-03-23 | [Brazil Drought Impacts Soybean Production - Field Advisor](https://feedsoft.ai/events/13737-brazil-drought-impacts-soybean-production-field-advisor.md) | -3.2% | +3.0% |

## Sources

- bluelinefutures.com: https://bluelinefutures.com/brazil-crop-production-preview/

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