# After historic drought, El Niño rains pose new hurdle for Brazil’s farmers

> Rio Grande do Sul, Brazil's southern soy state, is facing heavy downpours after a four-year drought that destroyed a significant share of its soybean crops. The article links the drought to a three-year La Niña that has now given way to El Niño rains.

- Date: 2023-09-26 · published 2023-09-26T12:00:00.000Z
- Category: weather · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/13625-after-historic-drought-el-nino-rains-pose-new-hurdle-for-brazil-s-farmers
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Recovery of Rio Grande do Sul's soy output after the drought adds supply to the Brazilian crop, which is bearish for soybean and meal prices, while excess rain could disrupt planting.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-09-17 | [El Niño Could Create Grains Price Advantage for Brazil \| CZ app](https://feedsoft.ai/events/16770-el-nino-could-create-grains-price-advantage-for-brazil-cz-app.md) | -0.1% | -2.1% |
| SOY | 2025-01-17 | [Midwest Drought Recovery: How 2025 Is Shaping Up for Farmers After a Dry Fall](https://feedsoft.ai/events/13122-midwest-drought-recovery-how-2025-is-shaping-up-for-farmers-after-a-dry-fall.md) | +3.6% | +1.7% |
| SOY | 2022-09-28 | [Brazil readies for historic soybean crop](https://feedsoft.ai/events/13699-brazil-readies-for-historic-soybean-crop.md) | -1.7% | -1.8% |
| SOY | 2021-06-25 | [Farmers and Crops Welcome Recent Rains, as Drought Deepens for Others](https://feedsoft.ai/events/46418-farmers-and-crops-welcome-recent-rains-as-drought-deepens-for-others.md) | +5.5% | +2.2% |
| SOY | 2024-03-21 | [El Niño's impact on U.S. Farmers \| American Ag Network](https://feedsoft.ai/events/31128-el-nino-s-impact-on-u-s-farmers-american-ag-network.md) | -1.4% | -6.2% |
| SBM | 2026-09-17 | [El Niño Could Create Grains Price Advantage for Brazil \| CZ app](https://feedsoft.ai/events/16770-el-nino-could-create-grains-price-advantage-for-brazil-cz-app.md) | +0.9% | +0.5% |
| SBM | 2022-09-28 | [Brazil readies for historic soybean crop](https://feedsoft.ai/events/13699-brazil-readies-for-historic-soybean-crop.md) | -4.6% | -0.8% |
| SBM | 2024-10-24 | [Argentina Rains 'Turn Game Around' for Grains After Drought, Exchange Says](https://feedsoft.ai/events/13896-argentina-rains-turn-game-around-for-grains-after-drought-exchange-says.md) | -3.9% | -8.0% |

## Sources

- dialogue.earth: https://dialogue.earth/en/food/380301-drought-la-nina-el-nino-rains-brazils-farmers/

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