# Growing Concerns About the South American Crop | Red River Farm Network

> Analyst Frayne Olson said southern Brazilian crop areas are dry and yield potential is being cut, while Argentina has more problems than Brazil but forecast rains could stabilize yields. Old-crop soybean prices rallied on South American concerns.

- Date: 2022-01-26 · published 2022-01-26T12:00:00.000Z
- Category: weather · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/43185-growing-concerns-about-the-south-american-crop-red-river-farm-network
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Yield cuts in southern Brazil and Argentina tighten soybean supply and support prices for meal used in feed. Rain forecasts could limit further gains.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-10-04 | [A Slow Start for Planting in South America \| Red River Farm Network](https://feedsoft.ai/events/56406-a-slow-start-for-planting-in-south-america-red-river-farm-network.md) | +1.3% | +0.5% |
| SOY | 2022-07-31 | [It’s a Late Crop \| Red River Farm Network](https://feedsoft.ai/events/40513-it-s-a-late-crop-red-river-farm-network.md) | -1.4% | -1.9% |
| SOY | 2018-08-29 | [Dry Conditions on Day Two of RRFN Crop Tour \| Red River Farm Network](https://feedsoft.ai/events/63397-dry-conditions-on-day-two-of-rrfn-crop-tour-red-river-farm-network.md) | +0.6% | +3.6% |
| SOY | 2020-06-19 | [Grain Traders Monitoring Rainfall Across Corn Belt \| Red River Farm Network](https://feedsoft.ai/events/52460-grain-traders-monitoring-rainfall-across-corn-belt-red-river-farm-network.md) | -0.4% | +2.9% |
| SOY | 2024-05-09 | [El Nino and La Nina \| Red River Farm Network](https://feedsoft.ai/events/30153-el-nino-and-la-nina-red-river-farm-network.md) | +0.1% | -1.1% |
| SBM | 2021-02-22 | [Dry weather concerns extend from South America into North America](https://feedsoft.ai/events/48467-dry-weather-concerns-extend-from-south-america-into-north-america.md) | -0.6% | -5.1% |
| SBM | 2022-03-13 | [Argentina Tries to Hold Onto Soybean Supplies \| Red River Farm Network](https://feedsoft.ai/events/14045-argentina-tries-to-hold-onto-soybean-supplies-red-river-farm-network.md) | -1.7% | -4.7% |
| SBM | 2021-03-16 | [Weather woes persist for South American row crops - Grain Central](https://feedsoft.ai/events/47964-weather-woes-persist-for-south-american-row-crops-grain-central.md) | -2.4% | -3.2% |

## Sources

- rrfn.com: https://www.rrfn.com/2022/01/26/south-american-soybean-concerns-bring-prices-higher/

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