# Soybeans rise for fourth session on Brazilian weather woes - Markets - Business Recorder

> Chicago wheat hit its highest in almost two weeks as dry weather slowed Russian planting, with winter wheat sowing at an 11-year low per Sovecon. Soybeans rose on Brazilian dryness that halted Madeira river grain transport, while corn eased.

- Date: 2024-09-26 · published 2024-09-26T12:00:00.000Z
- Category: weather · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/28339-soybeans-rise-for-fourth-session-on-brazilian-weather-woes-markets-business
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Russian drought and Brazilian river disruptions support wheat and soybean prices, tightening feed grain and meal supply outlooks.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-11-21 | [Soybeans up for 2nd session on Brazilian dryness; wheat rebounds - Markets - Business Recorder](https://feedsoft.ai/events/12256-soybeans-up-for-2nd-session-on-brazilian-dryness-wheat-rebounds-markets.md) | -0.5% | -0.4% |
| WHEAT | 2022-01-19 | [Chicago soybean futures fell for a third straight session - Markets - Business Recorder](https://feedsoft.ai/events/10895-chicago-soybean-futures-fell-for-a-third-straight-session-markets-business.md) | +1.9% | -1.5% |
| WHEAT | 2021-04-09 | [CBOT wheat futures rise on European cold snap - Markets - Business Recorder](https://feedsoft.ai/events/47638-cbot-wheat-futures-rise-on-european-cold-snap-markets-business-recorder.md) | -3.6% | -1.4% |
| WHEAT | 2025-07-31 | [Wheat down 1-3 cents, corn down 1-2, soybeans down 1-2 - Markets - Business Recorder](https://feedsoft.ai/events/23790-wheat-down-1-3-cents-corn-down-1-2-soybeans-down-1-2-markets-business-recorder.md) | -0.5% | -0.1% |
| WHEAT | 2022-03-18 | [Soybeans rise on firm vegoils, Argentina crop concerns; corn steady - Markets - Business Recorder](https://feedsoft.ai/events/42293-soybeans-rise-on-firm-vegoils-argentina-crop-concerns-corn-steady-markets.md) | +14.9% | +5.2% |
| SOY | 2023-11-21 | [Soybeans up for 2nd session on Brazilian dryness; wheat rebounds - Markets - Business Recorder](https://feedsoft.ai/events/12256-soybeans-up-for-2nd-session-on-brazilian-dryness-wheat-rebounds-markets.md) | -1.5% | -4.0% |
| SOY | 2024-09-28 | [Soy futures soar on US weather woes - Markets - Business Recorder](https://feedsoft.ai/events/28337-soy-futures-soar-on-us-weather-woes-markets-business-recorder.md) | -2.6% | -7.3% |
| SOY | 2022-02-11 | [Soybeans set for 4th weekly gain on South American crop woes - Markets - Business Recorder](https://feedsoft.ai/events/42735-soybeans-set-for-4th-weekly-gain-on-south-american-crop-woes-markets-business.md) | +1.1% | +7.4% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40324098

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