El Niño's Growing Threat: A Slower Harvest at Home, A Bigger Problem in Brazil

After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.

• Feb 5, 2024Showers Could Slow Harvest in Central Brazil-4.6%
• Oct 2, 2026Record El Niño Behind Historic Rains Stalling Harvest Across the U.S. - AgWeb-1.6%
• Feb 26, 2021Brazil Soy Harvest Slowed by Delayed Planting and Wet Weather-1.0%
• Feb 27, 2023Delays in the corn harvest in Brazil worry agents-1.3%
• Jan 26, 2018Daily rains slow Brazil’s early bean harvest+0.3%

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.

• Feb 5, 2024Showers Could Slow Harvest in Central Brazil-0.4%
• Oct 2, 2026Record El Niño Behind Historic Rains Stalling Harvest Across the U.S. - AgWeb+0.3%
• Feb 26, 2021Brazil Soy Harvest Slowed by Delayed Planting and Wet Weather+0.7%
• Mar 15, 2023Argentine soy processing in crisis as drought threatens harvest -industry group-2.2%
• Nov 27, 2023Brazil soy planting seen at slowest pace in eight years -AgRural – Reuters - AgRural-0.4%