# Brazil farmers struggle as drought batters southern soy crop

> Soybean farmers in southern Brazil are suffering from a prolonged drought. Some expect it could wipe out up to 90% of harvests in certain fields if rain does not return soon.

- Date: 2022-01-12 · published 2022-01-12T12:00:00.000Z
- Category: weather · region Brazil · magnitude high
- Page: https://feedsoft.ai/events/13746-brazil-farmers-struggle-as-drought-batters-southern-soy-crop
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Losses of this scale in a major exporter's soybean crop tighten global supply and support soybean and soymeal prices, with feed buyers facing higher protein costs.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-02-14 | [Brazil drought threatening national output potential, southern farmers say](https://feedsoft.ai/events/13664-brazil-drought-threatening-national-output-potential-southern-farmers-say.md) | +0.4% | -2.8% |
| SOY | 2024-06-25 | [A Tale Of Two Crops: Farmers Struggle Against Flooding And Drought - AgWeb](https://feedsoft.ai/events/13178-a-tale-of-two-crops-farmers-struggle-against-flooding-and-drought-agweb.md) | -1.3% | -4.9% |
| 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 | 2025-01-08 | [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 | 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 | 2023-02-14 | [Brazil drought threatening national output potential, southern farmers say](https://feedsoft.ai/events/13664-brazil-drought-threatening-national-output-potential-southern-farmers-say.md) | -2.3% | -2.7% |
| 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% |
| 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% |

## Sources

- reuters.com: https://www.reuters.com/world/americas/brazil-farmers-struggle-drought-batters-southern-soy-crop-2022-01-12/

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