# Brazil's slow soybean harvest widens U.S. export window | Financial Post

> Brazil's delayed soybean harvest is forcing buyers led by China to rely on US supplies for longer than usual in 2021. Brazil's January soybean shipments were 28 times lower than a year earlier, while US inspections hit a record 8.9 million tonnes.

- Date: 2021-02-12 · published 2021-02-12T12:00:00.000Z
- Category: trade · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/48690-brazil-s-slow-soybean-harvest-widens-u-s-export-window-financial-post
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Extended reliance on US exports drains US stocks and supports US soybean prices. Buyers may face tighter availability and higher prices until Brazilian supplies return.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-08-03 | [U.S. wheat futures fall on U.S. export woes; corn, soybeans firm \| Financial Post](https://feedsoft.ai/events/51658-u-s-wheat-futures-fall-on-u-s-export-woes-corn-soybeans-firm-financial-post.md) | -3.0% | +5.9% |
| SOY | 2020-10-14 | [Soybeans rise on Chinese buying, dry Brazil weather \| Financial Post](https://feedsoft.ai/events/11786-soybeans-rise-on-chinese-buying-dry-brazil-weather-financial-post.md) | +1.9% | +9.0% |
| SOY | 2020-03-04 | [Soybeans rise on hopes for export demand, financial market gains \| Financial Post](https://feedsoft.ai/events/54186-soybeans-rise-on-hopes-for-export-demand-financial-market-gains-financial-post.md) | -2.2% | -0.8% |
| SOY | 2019-08-14 | [Soybean prices rise on U.S.-China trade hopes \| Financial Post](https://feedsoft.ai/events/11472-soybean-prices-rise-on-u-s-china-trade-hopes-financial-post.md) | -1.9% | -2.1% |
| SOY | 2019-12-12 | [Corn, wheat, soy rally on U.S.-China trade hopes, export demand \| Financial Post](https://feedsoft.ai/events/6298-corn-wheat-soy-rally-on-u-s-china-trade-hopes-export-demand-financial-post.md) | +3.9% | +4.6% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/brazils-slow-soybean-harvest-widens-u-s-export-window

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