# Brazil: Rains at the end of March collaborated with the soybean crop in Rio Grande do Sul

> Rio Grande do Sul's soybean area is 6.5 million hectares, with productivity estimated at 2,175 kg/ha, a 30% cut from potential due to drought. Rains between March 29 and 31 aided moisture recovery, mainly for later-sown crops. Corn productivity is down 39.49% and corn silage down 39.18%.

- Date: 2023-04-06 · published 2023-04-06T12:00:00.000Z
- Category: weather · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/13657-brazil-rains-at-the-end-of-march-collaborated-with-the-soybean-crop-in-rio
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Sharp yield losses in Rio Grande do Sul reduce regional corn and soybean supply, supporting feed corn prices. Recent rains limit further losses but do not restore the lost potential.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-03-05 | [March Rains Sound Alarm of Crop Loss in Brazil Soybean Belt - Bloomberg](https://feedsoft.ai/events/47962-march-rains-sound-alarm-of-crop-loss-in-brazil-soybean-belt-bloomberg.md) | +5.1% | +7.2% |
| CORN | 2026-02-11 | [Lack of rain pressures corn and soybeans in the South](https://feedsoft.ai/events/13451-lack-of-rain-pressures-corn-and-soybeans-in-the-south.md) | -0.5% | +1.7% |
| CORN | 2023-03-08 | [Drought affects crops in Rio Grande do Sul](https://feedsoft.ai/events/13658-drought-affects-crops-in-rio-grande-do-sul.md) | -1.6% | -0.6% |
| CORN | 2023-05-29 | [Corn, Soybeans and Wheat in the Grips of Drought - AgWeb](https://feedsoft.ai/events/13276-corn-soybeans-and-wheat-in-the-grips-of-drought-agweb.md) | -4.6% | -4.0% |
| CORN | 2021-12-16 | [Featured \| Dry weather affects Rio Grande do Sul's crop](https://feedsoft.ai/events/13756-featured-dry-weather-affects-rio-grande-do-sul-s-crop.md) | -2.7% | +0.4% |
| SOY | 2023-04-04 | [Rains favored the development of second crop corn, but caused delays in soybeans - Revista Cultivar](https://feedsoft.ai/events/13650-rains-favored-the-development-of-second-crop-corn-but-caused-delays-in-soybeans.md) | -1.6% | -5.4% |
| SOY | 2025-01-29 | [Will the Bull Market in Corn Continue to Pull Up Soybeans and Wheat? - AgWeb](https://feedsoft.ai/events/6895-will-the-bull-market-in-corn-continue-to-pull-up-soybeans-and-wheat-agweb.md) | +2.9% | -2.0% |
| SOY | 2024-11-14 | [The importance of the sowing window for Brazilian soybeans – Hedgepoint Global Markets](https://feedsoft.ai/events/13537-the-importance-of-the-sowing-window-for-brazilian-soybeans-hedgepoint-global.md) | -1.4% | -0.8% |

## Sources

- tridge.com: https://www.tridge.com/news/rains-at-the-end-of-march-collaborated-with-the-so

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