# Brazilian farmers begin seeding soybeans amid historic drought

> Brazilian farmers in Mato Grosso began soybean seeding amid one of the worst droughts in a century, with 20% of expected acreage planted by one farmer. NOAA reports a 70% chance of La Niña returning between November 2021 and January 2022.

- Date: 2021-09-21 · published 2021-09-21T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/44919-brazilian-farmers-begin-seeding-soybeans-amid-historic-drought
- 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

Drought and a possible La Niña raise the risk of reduced South American soybean and corn output, which tends to support soybean meal and corn prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2023-11-21 | [Brazilian Farmers Still have 30% of Their Soybeans to Plant - AgWeb](https://feedsoft.ai/events/13612-brazilian-farmers-still-have-30-of-their-soybeans-to-plant-agweb.md) | -1.5% | -4.0% |
| SOY | 2024-11-01 | [Ohio farmers see reduced yields on corn and soybeans from drought](https://feedsoft.ai/events/13138-ohio-farmers-see-reduced-yields-on-corn-and-soybeans-from-drought.md) | +3.4% | +0.7% |
| SOY | 2022-01-12 | [Brazil farmers struggle as drought batters southern soy crop](https://feedsoft.ai/events/13746-brazil-farmers-struggle-as-drought-batters-southern-soy-crop.md) | +1.1% | +15.8% |
| SOY | 2018-12-26 | [Brazil soy yields impacted by drought in key state, farmers say](https://feedsoft.ai/events/61418-brazil-soy-yields-impacted-by-drought-in-key-state-farmers-say.md) | +1.2% | +3.6% |
| 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 | 2022-01-12 | [Brazil farmers struggle as drought batters southern soy crop](https://feedsoft.ai/events/13746-brazil-farmers-struggle-as-drought-batters-southern-soy-crop.md) | -7.2% | +6.3% |
| SBM | 2018-12-26 | [Brazil soy yields impacted by drought in key state, farmers say](https://feedsoft.ai/events/61418-brazil-soy-yields-impacted-by-drought-in-key-state-farmers-say.md) | +1.1% | +1.6% |

## Sources

- farmprogress.com: https://www.farmprogress.com/commentary/brazilian-farmers-begin-seeding-soybeans-amid-historic-drought

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