◂ Event Timeline

Aug 18, 2021WEATHERBrazil

Producers overcome climate challenges by implementing drip irrigation

Revista Cultivar reports that Brazilian producers are adopting drip irrigation to cope with the 2020/21 season, which saw delayed soybean planting, heavy harvest rains and frost. Late-planted second-crop corn suffered the most damage.

WHY IT MATTERS

This is a feature on farm technology with no new supply shock, so it has little direct effect on prices.

AFFECTSSOY CORN SBM

SOURCE
revistacultivar.comAug 18, 2021

Price reaction & history

SOYno directional readSO FAR1d -0.8%5d -2.3%20d -5.4%

After 1,964 past weather events, SOY moved a median +0.1% over 5 sessions (51% higher; middle half -1.7% to +1.8%), and +0.3% over 20.

Oct 20, 2020Science uses big data to reduce climate risks in grain production in Brazil - Revista Cultivar+3.2%
Dec 17, 2019Delay in the pace of soybean planting could compromise production potential - Revista Cultivar+1.3%
Mar 26, 2019Panel will debate how to face climate adversities in soy - Revista Cultivar-1.2%
Jul 12, 2018Climate bulletin predicts greater disease pressure in the second half of the year - Revista Cultivar+1.5%
Mar 29, 2017Grain production - Between Risks and Records - Revista Cultivar-3.5%

CORNno directional readSO FAR1d +0.4%5d -1.4%20d -10.1%

After 2,467 past weather events, CORN moved a median +0.1% over 5 sessions (51% higher; middle half -1.5% to +1.7%), and +0.6% over 20.

Oct 20, 2020Science uses big data to reduce climate risks in grain production in Brazil - Revista Cultivar+5.4%
Apr 13, 2020Climate damaged corn's productive potential in the South Region - Revista Cultivar-5.4%
Jun 2, 2023El Niño already affects climate in corn producing areas - Revista Cultivar-1.5%
Feb 21, 2022Warming climate to result in reduced corn production; irrigation blunts effect | Penn State University+2.1%
Jun 10, 2021Breakage of the corn harvest is already certain in important producing centers - Revista Cultivar-1.8%

SBMno directional readSO FAR1d -0.7%5d -1.5%20d -3.7%

After 639 past weather events, SBM moved a median +0.0% over 5 sessions (51% higher; middle half -1.9% to +2.3%), and -0.0% over 20.

Oct 20, 2020Science uses big data to reduce climate risks in grain production in Brazil - Revista Cultivar+4.4%
Dec 17, 2019Delay in the pace of soybean planting could compromise production potential - Revista Cultivar+0.0%
Mar 26, 2019Panel will debate how to face climate adversities in soy - Revista Cultivar-1.8%
Nov 18, 2022Irregular rains and high temperatures cause concern for rural producers - Revista Cultivar-0.3%
Jan 6, 2023Kansas soybean growers felt pain of production challenges - High Plains Journal+4.0%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

SOY · GP ▸

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CORN · GP ▸

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