Brazil drought threatening national output potential, southern farmers say

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.

• Jan 12, 2022Brazil farmers struggle as drought batters southern soy crop+1.1%
• Jan 8, 2025Dry Spell Puts Southern Brazil Soy Farmers on Alert as Rains Pound Central Regions+5.1%
• Dec 26, 2018Brazil soy yields impacted by drought in key state, farmers say+1.2%
• Sep 15, 2025La Niña looms over Brazil, raising fears of drought in the South-0.0%
• Jan 10, 2023Drought in Southern Brazil while Excess Wetness in Central Brazil+2.4%

After 453 past bullish weather events, Soybean Meal moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% over 20.

• Jan 12, 2022Brazil farmers struggle as drought batters southern soy crop-7.2%
• Jan 8, 2025Dry Spell Puts Southern Brazil Soy Farmers on Alert as Rains Pound Central Regions+0.9%
• Dec 26, 2018Brazil soy yields impacted by drought in key state, farmers say+1.1%
• Sep 15, 2025La Niña looms over Brazil, raising fears of drought in the South-1.4%
• Jan 10, 2023Drought in Southern Brazil while Excess Wetness in Central Brazil+2.5%