# Brazil drought threatening national output potential, southern farmers say

> A prolonged drought in Rio Grande do Sul is limiting Brazil's soybean output potential. Farmers' group Aprosoja-RS said the worst case could cut the state's crop by 40% to 12.6 million tonnes from a 21 million tonne potential, putting national estimates above 150 million tonnes at risk.

- Date: 2023-02-14 · published 2023-02-14T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/13664-brazil-drought-threatening-national-output-potential-southern-farmers-say
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A sharp cut in Brazil's southern soybean crop would reduce export availability and support soybean and meal prices.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-01-12 | [Brazil farmers struggle as drought batters southern soy crop](https://feedsoft.ai/events/13746-brazil-farmers-struggle-as-drought-batters-southern-soy-crop.md) | +1.1% | +15.8% |
| SOY | 2025-01-08 | [Dry Spell Puts Southern Brazil Soy Farmers on Alert as Rains Pound Central Regions](https://feedsoft.ai/events/13519-dry-spell-puts-southern-brazil-soy-farmers-on-alert-as-rains-pound-central.md) | +5.1% | +6.5% |
| SOY | 2018-12-26 | [Brazil soy yields impacted by drought in key state, farmers say](https://feedsoft.ai/events/61418-brazil-soy-yields-impacted-by-drought-in-key-state-farmers-say.md) | +1.2% | +3.6% |
| SOY | 2025-09-15 | [La Niña looms over Brazil, raising fears of drought in the South](https://feedsoft.ai/events/13474-la-nina-looms-over-brazil-raising-fears-of-drought-in-the-south.md) | -0.0% | -1.9% |
| SOY | 2023-01-10 | [Drought in Southern Brazil while Excess Wetness in Central Brazil](https://feedsoft.ai/events/13675-drought-in-southern-brazil-while-excess-wetness-in-central-brazil.md) | +2.4% | +0.8% |
| SBM | 2022-01-12 | [Brazil farmers struggle as drought batters southern soy crop](https://feedsoft.ai/events/13746-brazil-farmers-struggle-as-drought-batters-southern-soy-crop.md) | -7.2% | +6.3% |
| SBM | 2025-01-08 | [Dry Spell Puts Southern Brazil Soy Farmers on Alert as Rains Pound Central Regions](https://feedsoft.ai/events/13519-dry-spell-puts-southern-brazil-soy-farmers-on-alert-as-rains-pound-central.md) | +0.9% | +4.7% |
| SBM | 2018-12-26 | [Brazil soy yields impacted by drought in key state, farmers say](https://feedsoft.ai/events/61418-brazil-soy-yields-impacted-by-drought-in-key-state-farmers-say.md) | +1.1% | +1.6% |

## Sources

- reuters.com: https://www.reuters.com/world/americas/brazil-drought-threatening-national-output-potential-southern-farmers-say-2023-02-14/

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