# Limited Rain for Those in Need in South America

> DTN reports that rainfall forecasts through September 8 show little significant precipitation for the driest parts of Argentina and Brazil. Soil moisture is short in many areas, and cold weather and frosts are delaying some producers. Only limited rain is expected in parts of Buenos Aires and Rio Grande do Sul.

- Date: 2024-08-30 · published 2024-08-30T12:00:00.000Z
- Category: weather · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/13552-limited-rain-for-those-in-need-in-south-america
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Dry conditions delaying planting in Argentina and southern Brazil raise concerns over the coming South American crop and support soybean and corn prices. Limited rain keeps the supply risk in focus for buyers.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-01-28 | [Mixed Forecast for South America](https://feedsoft.ai/events/54911-mixed-forecast-for-south-america.md) | -0.8% | -2.1% |
| CORN | 2022-01-11 | [The heat is on in South America - Grain Central](https://feedsoft.ai/events/43043-the-heat-is-on-in-south-america-grain-central.md) | -2.8% | +4.1% |
| 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 | 2026-08-17 | [2026/27 Planting in South America](https://feedsoft.ai/events/13421-2026-27-planting-in-south-america.md) | +2.3% | +7.7% |
| CORN | 2020-04-14 | [Dry Season Begins in South America](https://feedsoft.ai/events/53474-dry-season-begins-in-south-america.md) | -3.9% | -4.0% |
| SOY | 2020-01-28 | [Mixed Forecast for South America](https://feedsoft.ai/events/54911-mixed-forecast-for-south-america.md) | -2.3% | -2.0% |
| SOY | 2022-01-11 | [The heat is on in South America - Grain Central](https://feedsoft.ai/events/43043-the-heat-is-on-in-south-america-grain-central.md) | -1.0% | +14.1% |
| 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% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/south-america-calling/blog-post/2024/08/30/limited-rain-need-south-america

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