# Southern Hemisphere Harvest: Navigating Weather Patterns - ClimateAi

> ClimateAi reports that the 2023-24 Southern Hemisphere harvest will bring low to non-existent yields in many regions because of heat and drought in Brazil, southern Africa and Australia. Strong El Niño, a positive Indian Ocean Dipole and the MJO combined to produce too little rain at the wrong time for corn, soybeans and cocoa. La Niña is expected to help only from next summer.

- Date: 2024-03-27 · published 2024-03-27T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/31126-southern-hemisphere-harvest-navigating-weather-patterns-climateai
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Losses in Brazilian corn and soybeans reduce export availability and support feed grain and meal prices in the near term.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-09-16 | [A Weak La Niña Weather Phenomenon To hit Southern Hemisphere Spring and Summer: Maxar Weather](https://feedsoft.ai/events/44989-a-weak-la-nina-weather-phenomenon-to-hit-southern-hemisphere-spring-and-summer.md) | -5.1% | -6.3% |
| CORN | 2024-04-25 | [Weather patterns are shifting in Iowa and the Corn Belt](https://feedsoft.ai/events/13195-weather-patterns-are-shifting-in-iowa-and-the-corn-belt.md) | +0.7% | +4.5% |
| CORN | 2021-02-26 | [Brazil Soy Harvest Slowed by Delayed Planting and Wet Weather](https://feedsoft.ai/events/48465-brazil-soy-harvest-slowed-by-delayed-planting-and-wet-weather.md) | -1.0% | +4.7% |
| CORN | 2026-07-31 | [Weather may delay Brazil’s second corn crop harvest](https://feedsoft.ai/events/13426-weather-may-delay-brazil-s-second-corn-crop-harvest.md) | -1.6% | +9.4% |
| CORN | 2025-12-03 | [Climatologist: Winter weather patterns are not enough to relieve Eastern Corn Belt drought - Brownfield Ag News](https://feedsoft.ai/events/13036-climatologist-winter-weather-patterns-are-not-enough-to-relieve-eastern-corn.md) | +0.7% | -0.4% |
| SOY | 2021-09-16 | [A Weak La Niña Weather Phenomenon To hit Southern Hemisphere Spring and Summer: Maxar Weather](https://feedsoft.ai/events/44989-a-weak-la-nina-weather-phenomenon-to-hit-southern-hemisphere-spring-and-summer.md) | -0.9% | -7.7% |
| SOY | 2024-04-25 | [Weather patterns are shifting in Iowa and the Corn Belt](https://feedsoft.ai/events/13195-weather-patterns-are-shifting-in-iowa-and-the-corn-belt.md) | -0.9% | +6.9% |
| SOY | 2022-04-21 | [How are weather patterns shaping up for 2022?](https://feedsoft.ai/events/41773-how-are-weather-patterns-shaping-up-for-2022.md) | -1.2% | -4.8% |

## Sources

- climate.ai: https://climate.ai/blog/southern-hemisphere-harvest-navigating-weather-patterns/

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