# Crop Commentary | Brazil and Paraguay

> StoneX reports favorable weather in Mato Grosso over the prior 15 days, with more frequent rains that helped some fields recover. Harvest is starting early, and the first harvested areas are yielding below normal. In southwestern Goiás, late rains came too late to fully rescue some crops.

- Date: 2024-01-02 · published 2024-01-02T12:00:00.000Z
- Category: weather · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/13600-crop-commentary-brazil-and-paraguay
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Improving conditions limit further downside to Brazilian output, but early yield reports below normal keep the crop outlook cautious.

## Read by commodity

- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-04-23 | [Weather Favors Brazil Second-Crop Corn](https://feedsoft.ai/events/59421-weather-favors-brazil-second-crop-corn.md) | -3.4% | -5.2% |
| SOY | 2025-11-07 | [2025/26 Brazil's First Corn Crop 60% Planted](https://feedsoft.ai/events/13463-2025-26-brazil-s-first-corn-crop-60-planted.md) | +3.7% | +1.2% |
| SOY | 2021-08-27 | [Potential Brazil corn and soybean production in 2021/22](https://feedsoft.ai/events/45432-potential-brazil-corn-and-soybean-production-in-2021-22.md) | -6.5% | -6.0% |
| SOY | 2025-01-14 | [Brazil’s corn crop forecast lowered to 122.3 mln tons](https://feedsoft.ai/events/13520-brazil-s-corn-crop-forecast-lowered-to-122-3-mln-tons.md) | +2.5% | +0.2% |
| SOY | 2017-04-25 | [First-crop harvest nearly complete in Brazil, progressing in Argentina thanks to dry weather](https://feedsoft.ai/events/71351-first-crop-harvest-nearly-complete-in-brazil-progressing-in-argentina-thanks-to.md) | -0.2% | -0.5% |

## Sources

- stonex.com: https://www.stonex.com/en/insights/crop-commentary-brazil-and-paraguay-2024-01-02/

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