The 2019-2021 extreme drought episode in La Plata Basin - Publications Office of the EU

After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.

• Jul 8, 2020Extreme heat and no rain, taking a toll on Michigan crops | An official publication of Michigan Farm Bureau-1.5%
• Sep 15, 2025La Niña looms over Brazil, raising fears of drought in the South-0.0%
• Mar 26, 2026Drought continues to expand in the Plains - Pro Farmer-0.3%
• Jun 20, 2022Hot and dry conditions increasing drought concerns in the Corn Belt-4.2%
• Jan 10, 20265 Corn States Enter 2026 With Extreme or Exceptional Drought+0.9%

After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.

• Aug 26, 2025JRC MARS bulletin - Publications Office of the EU+2.1%
• Apr 24, 2023JRC MARS Bulletin - Publications Office of the EU-0.7%
• Jul 8, 2020Extreme heat and no rain, taking a toll on Michigan crops | An official publication of Michigan Farm Bureau-2.3%
• Sep 15, 2025La Niña looms over Brazil, raising fears of drought in the South+5.1%
• Mar 26, 2026Drought continues to expand in the Plains - Pro Farmer-2.5%

After 453 past bullish weather events, Soybean Meal moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% over 20.

• Sep 15, 2025La Niña looms over Brazil, raising fears of drought in the South-1.4%
• Aug 19, 20212021 Feed ingredient prices among the highest in the last decade | The National Provisioner-1.4%
• Sep 25, 2017Extreme dryness slows soybean planting in Brazil-1.1%
• Feb 10, 2022Argentina soy belt drought awakens ghost of 2018 production 'disaster'-2.7%
• Dec 7, 2017Argentine drought threatens to wallop late-planted corn and soy — EMTV ONLINE-4.5%