Brazil crop weather in 2023 is challenging years like 2015

After 1,079 past bullish weather events, SOY moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.

• Dec 26, 2018Is dryness in Brazil’s crop country an omen? | 2018-12-26 | World Grain+1.2%
• May 22, 2018Southern Brazil drying a concern | World-grain.com | May 22, 2018 16:19 | World Grain+0.5%
• Jan 30, 2019Brazil rainfall unusually light in January | 2019-01-30 | World Grain+0.1%
• Dec 1, 2023Dry Weather in Key Crop Shipper Brazil Has Farmers Ripping Up Crops-2.3%
• Dec 18, 2024Heat, dryness expected in Brazil | World Grain-0.2%

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.

• Dec 26, 2018Is dryness in Brazil’s crop country an omen? | 2018-12-26 | World Grain-0.3%
• Dec 22, 2023COCERAL sees smaller EU grain crop in 2024 | World Grain+2.4%
• Sep 20, 2024Weather takes toll on EU grain crops | World Grain+0.0%
• May 22, 2018Southern Brazil drying a concern | World-grain.com | May 22, 2018 16:19 | World Grain+0.7%
• Jan 30, 2019Brazil rainfall unusually light in January | 2019-01-30 | World Grain+0.2%