# Brazil Drought Impacts Soybean Production - Field Advisor

> Early-season drought in southern Brazil, including Mato Grosso do Sul, Parana and Rio Grande do Sul, cut soybean output, and USDA estimates the loss at 20-25 million metric tons. Low river levels on the Parana River also slowed barge traffic.

- Date: 2022-03-23 · published 2022-03-23T12:00:00.000Z
- Category: weather · region Brazil · magnitude high
- Page: https://feedsoft.ai/events/13737-brazil-drought-impacts-soybean-production-field-advisor
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

A roughly 15% drop in Brazilian soybean supply and barge constraints tighten soybean meal and soybean supply, which supports prices.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-01-16 | [EU soybean meal prices rise as Argentina's drought impacts production](https://feedsoft.ai/events/26587-eu-soybean-meal-prices-rise-as-argentina-s-drought-impacts-production.md) | +2.2% | -1.2% |
| SOY | 2017-05-08 | [Argentina flooding impacts soybean production - NASA Science](https://feedsoft.ai/events/70864-argentina-flooding-impacts-soybean-production-nasa-science.md) | -0.9% | -4.3% |
| SOY | 2023-12-12 | [Brazil Cuts Its Soybean and Corn Production Projections for 2024 - farmdoc daily](https://feedsoft.ai/events/13604-brazil-cuts-its-soybean-and-corn-production-projections-for-2024-farmdoc-daily.md) | -0.7% | -8.0% |
| SOY | 2023-07-04 | [Drought slashes 2022/2023 soybean production by 51.5% \| Buenos Aires Times](https://feedsoft.ai/events/13960-drought-slashes-2022-2023-soybean-production-by-51-5-buenos-aires-times.md) | -2.7% | -7.4% |
| 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% |
| SBM | 2025-01-16 | [EU soybean meal prices rise as Argentina's drought impacts production](https://feedsoft.ai/events/26587-eu-soybean-meal-prices-rise-as-argentina-s-drought-impacts-production.md) | +3.5% | -2.5% |
| SBM | 2017-05-08 | [Argentina flooding impacts soybean production - NASA Science](https://feedsoft.ai/events/70864-argentina-flooding-impacts-soybean-production-nasa-science.md) | -0.8% | -3.7% |
| SBM | 2023-07-04 | [Drought slashes 2022/2023 soybean production by 51.5% \| Buenos Aires Times](https://feedsoft.ai/events/13960-drought-slashes-2022-2023-soybean-production-by-51-5-buenos-aires-times.md) | +0.6% | +8.5% |

## Sources

- fieldadvisor.org: https://fieldadvisor.org/brazil-drought-impacts-soybean-production/

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