# Weather woes persist for South American row crops - Grain Central

> Brazil's soybean harvest is running at its slowest pace in a decade, with 35% harvested versus a five-year average of 53%, due to heavy rain. Argentina's production estimates have been cut because of drought. Rain-related quality problems are also affecting Brazilian soybeans.

- Date: 2021-03-16 · published 2021-03-16T12:00:00.000Z
- Category: weather · region Brazil, Argentina · magnitude medium
- Page: https://feedsoft.ai/events/47964-weather-woes-persist-for-south-american-row-crops-grain-central
- 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

Lower South American soybean output and quality, combined with Argentine drought, tightens export supplies and supports 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 | 2021-08-24 | [Dry weather risk for 2021/22 South American crops: Grain market daily \| AHDB](https://feedsoft.ai/events/45430-dry-weather-risk-for-2021-22-south-american-crops-grain-market-daily-ahdb.md) | +0.8% | -1.5% |
| SOY | 2022-01-11 | [The heat is on in South America - Grain Central](https://feedsoft.ai/events/43043-the-heat-is-on-in-south-america-grain-central.md) | -1.0% | +14.1% |
| SOY | 2022-03-24 | [Bad omen for central US weather \| World Grain](https://feedsoft.ai/events/42196-bad-omen-for-central-us-weather-world-grain.md) | -3.2% | +1.7% |
| SOY | 2018-01-19 | [GRAIN MARKETS: Soybeans step higher on South American weather](https://feedsoft.ai/events/12099-grain-markets-soybeans-step-higher-on-south-american-weather.md) | +2.0% | +5.3% |
| SOY | 2019-01-23 | [U.S. grains: Soybeans firm on South America weather worries - AgCanada](https://feedsoft.ai/events/7654-u-s-grains-soybeans-firm-on-south-america-weather-worries-agcanada.md) | +1.1% | -0.7% |
| SBM | 2023-05-23 | [South American row crops tell a tale of two opposites - Grain Central](https://feedsoft.ai/events/13649-south-american-row-crops-tell-a-tale-of-two-opposites-grain-central.md) | -2.5% | +0.5% |
| SBM | 2022-01-11 | [The heat is on in South America - Grain Central](https://feedsoft.ai/events/43043-the-heat-is-on-in-south-america-grain-central.md) | +2.9% | +6.0% |
| SBM | 2019-01-23 | [U.S. grains: Soybeans firm on South America weather worries - AgCanada](https://feedsoft.ai/events/7654-u-s-grains-soybeans-firm-on-south-america-weather-worries-agcanada.md) | -0.4% | -2.5% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/weather-woes-persist-for-south-american-row-crops/

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