# A Return to Normal La Nina Pattern Unfavorable for Argentina, Southern Brazil

> DTN reports that a brief break in La Niña brought generous November rain to Argentina, improving soil moisture for corn and soybeans. Forecasters expect the typical La Niña dry pattern to return, while southern Brazil has received only about half its normal early-November rainfall.

- Date: 2021-11-18 · published 2021-11-18T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/43972-a-return-to-normal-la-nina-pattern-unfavorable-for-argentina-southern-brazil
- 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

Renewed dryness in Argentina and southern Brazil threatens soybean and corn output from South America, which tends to support soybean meal and corn prices as export supply tightens. Southern Brazil's shortfall adds to the risk.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-10-06 | [Is La Nina Returning to Southern Brazil?](https://feedsoft.ai/events/13696-is-la-nina-returning-to-southern-brazil.md) | +1.9% | +5.1% |
| SOY | 2021-12-23 | [No Significant Relief Forecast for Argentina, Southern Brazil](https://feedsoft.ai/events/13755-no-significant-relief-forecast-for-argentina-southern-brazil.md) | -0.1% | +6.4% |
| SOY | 2022-12-15 | [La Nina Pattern Continues Through December for South America](https://feedsoft.ai/events/38162-la-nina-pattern-continues-through-december-for-south-america.md) | -0.1% | +3.8% |
| SOY | 2020-08-24 | [La Nina could impact soybean planting in Brazil, Argentina - Brownfield Ag News](https://feedsoft.ai/events/51519-la-nina-could-impact-soybean-planting-in-brazil-argentina-brownfield-ag-news.md) | +5.5% | +13.5% |
| SOY | 2024-01-22 | [Showers Returning to Central Brazil](https://feedsoft.ai/events/13598-showers-returning-to-central-brazil.md) | -0.3% | -3.4% |
| SBM | 2021-12-23 | [No Significant Relief Forecast for Argentina, Southern Brazil](https://feedsoft.ai/events/13755-no-significant-relief-forecast-for-argentina-southern-brazil.md) | +2.1% | +2.0% |
| SBM | 2022-12-15 | [La Nina Pattern Continues Through December for South America](https://feedsoft.ai/events/38162-la-nina-pattern-continues-through-december-for-south-america.md) | 0.0% | +11.7% |
| SBM | 2020-08-24 | [La Nina could impact soybean planting in Brazil, Argentina - Brownfield Ag News](https://feedsoft.ai/events/51519-la-nina-could-impact-soybean-planting-in-brazil-argentina-brownfield-ag-news.md) | +3.9% | +14.9% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/south-america-calling/blog-post/2021/11/18/return-normal-la-nina-pattern-brazil&referrer=NLSnapshot

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