Brazilian Farmers Still have 30% of Their Soybeans to Plant

After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.

• Sep 21, 2021Brazilian farmers begin seeding soybeans amid historic drought+1.8%
• Sep 22, 2022Argentine Farmers Plant More Soybeans to Fight Drought, Fertilizer Costs-2.8%
• Dec 18, 2023Brazilian farmers slow fertilizer buys as drought dampens corn-planting plans | Reuters-1.5%
• Dec 12, 2022Brazil producers hope for rain as soybean planting nears end+1.6%
• Feb 22, 2021Brazil soybean harvest pace still at 10-year low on rain: Agrural - Fastmarkets+1.6%

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 21, 2021Brazilian farmers begin seeding soybeans amid historic drought+2.0%
• Sep 26, 20242024/25 Brazil Soybean Planting Off to a Slow Start+0.3%
• May 12, 2016Soybean prices rally as P.E.I. farmers prepare to plant+0.5%
• Dec 18, 2018Brazil Soybean Farmers to Slow Early Selling Pace, Analyst Says-2.3%
• Oct 25, 2023Brazil Soybeans 30% Planted vs. 37% Last Year, Rainfall Needed-0.6%