# Withering crops highlight La Niña fears for Brazil soy farmers - BusinessWorld Online

> Brazilian farmers in Parana report up to 70% soybean yield loss from heat and more than 60 days without widespread rain. State agency Deral cut its Parana output estimate by 12%, and AgRural trimmed its national soybean forecast to 144.7 million tons.

- Date: 2021-12-26 · published 2021-12-26T12:00:00.000Z
- Category: weather · region Brazil · magnitude high
- Page: https://feedsoft.ai/events/13761-withering-crops-highlight-la-nina-fears-for-brazil-soy-farmers-businessworld
- 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

Brazil is the largest soybean exporter, so a second straight La Nina-driven shortfall tightens global soybean and meal supply and supports prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2017-12-05 | [La Niña Chases Soybean Futures Higher \| Fox Business](https://feedsoft.ai/events/67406-la-nina-chases-soybean-futures-higher-fox-business.md) | -1.6% | -3.9% |
| 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 | 2023-12-01 | [Dry Weather in Key Crop Shipper Brazil Has Farmers Ripping Up Crops](https://feedsoft.ai/events/13609-dry-weather-in-key-crop-shipper-brazil-has-farmers-ripping-up-crops.md) | -2.3% | -3.7% |
| SOY | 2018-02-18 | [Soybean rallies on supply worries amid Argentina drought - BusinessWorld Online](https://feedsoft.ai/events/66344-soybean-rallies-on-supply-worries-amid-argentina-drought-businessworld-online.md) | +1.2% | +0.1% |
| SBM | 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) | -1.4% | -6.1% |
| SBM | 2017-12-05 | [La Niña Chases Soybean Futures Higher \| Fox Business](https://feedsoft.ai/events/67406-la-nina-chases-soybean-futures-higher-fox-business.md) | -2.8% | -6.3% |
| 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% |

## Sources

- bworldonline.com: https://bworldonline.com/agribusiness/2021/12/27/419985/withering-crops-highlight-la-nina-fears-for-brazil-soy-farmers/

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