# Worst-Case Scenario: Why Eric Snodgrass Thinks The Heavy Rainfall In Brazil Could Do More Harm Than Good - AgWeb

> Soybean prices fell early in January on forecasts of heavy rain returning to drought-hit Brazil. Meteorologist Eric Snodgrass says 8 to 10 inches of rain over two weeks could delay harvest and complicate safrinha corn planting. He calls it a worst-case scenario compared with staying dry.

- Date: 2024-01-08 · published 2024-01-08T12:00:00.000Z
- Category: weather · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/13599-worst-case-scenario-why-eric-snodgrass-thinks-the-heavy-rainfall-in-brazil
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Rain relieves drought stress but threatens harvest and second-crop corn timing, so the net price effect is mixed.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-12-29 | [Good rainfall in Brazil and dry weather in Argentina will be the main factors influencing prices in the coming weeks](https://feedsoft.ai/events/13823-good-rainfall-in-brazil-and-dry-weather-in-argentina-will-be-the-main-factors.md) | -1.1% | +0.8% |
| SOY | 2023-04-06 | [Brazil: Rains at the end of March collaborated with the soybean crop in Rio Grande do Sul](https://feedsoft.ai/events/13657-brazil-rains-at-the-end-of-march-collaborated-with-the-soybean-crop-in-rio.md) | -0.7% | -4.1% |
| SOY | 2025-12-05 | [Heavy rains improve central Brazil soil moisture but drought fears grow in southern South America](https://feedsoft.ai/events/13457-heavy-rains-improve-central-brazil-soil-moisture-but-drought-fears-grow-in.md) | -2.3% | -6.5% |
| SOY | 2020-02-25 | [Dryness worsens in the South as Brazil’s soy harvest reaches 31% – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/54462-dryness-worsens-in-the-south-as-brazil-s-soy-harvest-reaches-31-ohio-ag-net.md) | +1.9% | +1.1% |
| SOY | 2026-07-31 | [Heavy Rain for Corn Belt This Weekend, More Needed](https://feedsoft.ai/events/12979-heavy-rain-for-corn-belt-this-weekend-more-needed.md) | -1.7% | +6.7% |
| CORN | 2025-12-29 | [Good rainfall in Brazil and dry weather in Argentina will be the main factors influencing prices in the coming weeks](https://feedsoft.ai/events/13823-good-rainfall-in-brazil-and-dry-weather-in-argentina-will-be-the-main-factors.md) | -1.0% | -2.7% |
| CORN | 2025-12-05 | [Heavy rains improve central Brazil soil moisture but drought fears grow in southern South America](https://feedsoft.ai/events/13457-heavy-rains-improve-central-brazil-soil-moisture-but-drought-fears-grow-in.md) | -0.4% | -0.0% |
| CORN | 2021-01-21 | [Analyst Insight: The Brazilian Safrinha crop could drive global grain markets \| AHDB](https://feedsoft.ai/events/48974-analyst-insight-the-brazilian-safrinha-crop-could-drive-global-grain-markets.md) | +3.8% | +2.7% |

## Sources

- agweb.com: https://www.agweb.com/news/crops/soybeans/worst-case-scenario-why-eric-snodgrass-thinks-heavy-rainfall-brazil-could-do-more-harm-good

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