# All over Brazil, extreme weather is affecting soybean planting

> Conab data shows Brazil had sown only 28.4% of its planned 45.1 million hectares of soybeans by October 21, behind the 34.1% pace of a year earlier. Excess rain in Rio Grande do Sul and uneven rainfall elsewhere have delayed planting and raised the risk of losing the ideal sowing window.

- Date: 2023-10-25 · published 2023-10-25T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/13618-all-over-brazil-extreme-weather-is-affecting-soybean-planting
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A slow planting pace raises the risk of yield loss and reduced Brazilian soy supply later in the season, which supports soybean and soymeal prices. The effect depends on whether rains normalize in the coming weeks.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-09-25 | [Extreme dryness slows soybean planting in Brazil](https://feedsoft.ai/events/68794-extreme-dryness-slows-soybean-planting-in-brazil.md) | -1.6% | -0.6% |
| SOY | 2019-09-23 | [Dry weather may delay soy planting in Brazil - DatamarNews](https://feedsoft.ai/events/56903-dry-weather-may-delay-soy-planting-in-brazil-datamarnews.md) | +0.0% | +5.8% |
| SOY | 2021-02-26 | [Brazil Soy Harvest Slowed by Delayed Planting and Wet Weather](https://feedsoft.ai/events/48465-brazil-soy-harvest-slowed-by-delayed-planting-and-wet-weather.md) | +0.7% | +0.6% |
| SOY | 2024-09-26 | [2024/25 Brazil Soybean Planting Off to a Slow Start](https://feedsoft.ai/events/13548-2024-25-brazil-soybean-planting-off-to-a-slow-start.md) | +0.3% | -5.3% |
| SOY | 2024-04-12 | [AgroPages-Extreme weather knocks down Brazil's soybean and corn production-Agricultural news](https://feedsoft.ai/events/13579-agropages-extreme-weather-knocks-down-brazil-s-soybean-and-corn-production.md) | -2.2% | +2.9% |
| SBM | 2017-09-25 | [Extreme dryness slows soybean planting in Brazil](https://feedsoft.ai/events/68794-extreme-dryness-slows-soybean-planting-in-brazil.md) | -1.1% | +0.7% |
| SBM | 2024-04-12 | [AgroPages-Extreme weather knocks down Brazil's soybean and corn production-Agricultural news](https://feedsoft.ai/events/13579-agropages-extreme-weather-knocks-down-brazil-s-soybean-and-corn-production.md) | +1.2% | +9.5% |
| SBM | 2023-10-23 | [Brazil Soybean Planting Slows as Dry Conditions Spread](https://feedsoft.ai/events/13619-brazil-soybean-planting-slows-as-dry-conditions-spread.md) | +5.2% | +9.2% |

## Sources

- valorinternational.globo.com: https://valorinternational.globo.com/agribusiness/news/2023/10/25/all-over-brazil-extreme-weather-is-affecting-soybean-planting.ghtml

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