# Corn 2021 review, highlights and what to expect for 2022 - Fastmarkets

> Dry conditions in southern Brazil and much of Argentina are cutting summer-crop forecasts for corn and soybeans. Paraná soybean condition fell to 30% good-to-excellent, well below recent years. Northern Brazil faces harvest delays from excess rain.

- Date: 2022-01-05 · published 2022-01-05T12:00:00.000Z
- Category: weather · region Brazil · magnitude high
- Page: https://feedsoft.ai/events/43042-corn-2021-review-highlights-and-what-to-expect-for-2022-fastmarkets
- 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 supplies most of the world's soybean exports, so lower yields tighten global soy meal and corn balances and support prices. Buyers should expect higher South American feed costs.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-02-15 | [Argentina's 2022-23 production and export revenue to fall - Fastmarkets](https://feedsoft.ai/events/13984-argentina-s-2022-23-production-and-export-revenue-to-fall-fastmarkets.md) | +0.1% | -3.1% |
| SOY | 2022-07-11 | [What to Expect as Corn Yields Face a Third Straight La Niña - farmdoc daily](https://feedsoft.ai/events/13711-what-to-expect-as-corn-yields-face-a-third-straight-la-nina-farmdoc-daily.md) | -10.1% | -1.0% |
| SOY | 2022-09-22 | [CNA presents climate and market perspectives for the 1st Harvest 2022/2023 - Revista Cultivar](https://feedsoft.ai/events/13705-cna-presents-climate-and-market-perspectives-for-the-1st-harvest-2022-2023.md) | -3.6% | -6.1% |
| SOY | 2022-01-27 | [Corn and soybean farmers in Brazil hit by huge losses amid droughts - Fastmarkets](https://feedsoft.ai/events/13748-corn-and-soybean-farmers-in-brazil-hit-by-huge-losses-amid-droughts-fastmarkets.md) | +7.3% | +15.4% |
| SOY | 2021-08-01 | [La Niña climate pattern should return this fall and last through winter. Here's what to expect.](https://feedsoft.ai/events/45982-la-nina-climate-pattern-should-return-this-fall-and-last-through-winter-here-s.md) | +0.5% | -3.9% |
| SBM | 2022-01-27 | [Corn and soybean farmers in Brazil hit by huge losses amid droughts - Fastmarkets](https://feedsoft.ai/events/13748-corn-and-soybean-farmers-in-brazil-hit-by-huge-losses-amid-droughts-fastmarkets.md) | +7.8% | +15.4% |
| SBM | 2021-01-05 | [Dry weather expected to keep pressuring Argentine soy, corn yields - Markets - Business Recorder](https://feedsoft.ai/events/48999-dry-weather-expected-to-keep-pressuring-argentine-soy-corn-yields-markets.md) | +5.3% | +2.5% |
| SBM | 2024-01-29 | [Busy Week As Tensions Rise. The Corn & Ethanol Report 01/29/2024 - Market InsightsMarket Insights](https://feedsoft.ai/events/32235-busy-week-as-tensions-rise-the-corn-and-ethanol-report-01-29-2024-market.md) | +1.7% | -5.1% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/corn-2021-review-highlights-and-what-to-expect-for-2022/

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