# March Rains Sound Alarm of Crop Loss in Brazil Soybean Belt - Bloomberg

> Growers in Brazil's major soybean regions, including Mato Grosso, are worried about losing crops after March rains. Bloomberg reports that the situation is most severe in the heart of the soybean belt. Rain has been hampering field conditions during the harvest.

- Date: 2021-03-05 · published 2021-03-05T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/47962-march-rains-sound-alarm-of-crop-loss-in-brazil-soybean-belt-bloomberg
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Potential soybean crop losses and quality problems tighten the Brazilian soybean supply, supporting soybean and meal prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-10-07 | [Dry spell in Brazil's soybean belt raises crop-stress risk — BRZ News](https://feedsoft.ai/events/13415-dry-spell-in-brazil-s-soybean-belt-raises-crop-stress-risk-brz-news.md) | -1.5% | -5.2% |
| SOY | 2022-12-14 | [Concerns over Argentine soybean crop raises meal prices in Brazil - DatamarNews](https://feedsoft.ai/events/38321-concerns-over-argentine-soybean-crop-raises-meal-prices-in-brazil-datamarnews.md) | -0.1% | +3.4% |
| SOY | 2021-11-29 | [La Nina Is Set to Deliver Drought to Argentina’s Soybean Crop - Bloomberg](https://feedsoft.ai/events/14070-la-nina-is-set-to-deliver-drought-to-argentina-s-soybean-crop-bloomberg.md) | +1.2% | +8.8% |
| SOY | 2026-02-11 | [Lack of rain pressures corn and soybeans in the South](https://feedsoft.ai/events/13451-lack-of-rain-pressures-corn-and-soybeans-in-the-south.md) | +1.0% | +6.9% |
| 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% |
| CORN | 2023-04-06 | [Brazil: Rains at the end of March collaborated with the soybean crop in Rio Grande do Sul](https://feedsoft.ai/events/13657-brazil-rains-at-the-end-of-march-collaborated-with-the-soybean-crop-in-rio.md) | -0.4% | -2.0% |
| CORN | 2021-11-29 | [La Nina Is Set to Deliver Drought to Argentina’s Soybean Crop - Bloomberg](https://feedsoft.ai/events/14070-la-nina-is-set-to-deliver-drought-to-argentina-s-soybean-crop-bloomberg.md) | -3.0% | +0.6% |
| CORN | 2026-02-11 | [Lack of rain pressures corn and soybeans in the South](https://feedsoft.ai/events/13451-lack-of-rain-pressures-corn-and-soybeans-in-the-south.md) | -0.5% | +1.7% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2021-03-05/march-downpours-sound-alarm-in-brazil-s-top-soy-growing-state

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