# A wet start to South American soybean harvest - McKeany-Flavell

> Brazil's Mato Grosso soybean harvest was about 2% complete as of late January, roughly 10 points behind the five-year average. Argentine soybean ratings were weak at 23% good to excellent, while recent rain has relieved most Argentine growing areas.

- Date: 2021-01-27 · published 2021-01-27T12:00:00.000Z
- Category: weather · region South America · magnitude low
- Page: https://feedsoft.ai/events/48977-a-wet-start-to-south-american-soybean-harvest-mckeany-flavell
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Slow harvest progress and weak Argentine crop ratings keep South American soybean and corn supply uncertain, which gives modest support to prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-09-30 | [Grain Belt & South America weather update - McKeany-Flavell](https://feedsoft.ai/events/50961-grain-belt-and-south-america-weather-update-mckeany-flavell.md) | +5.1% | +9.0% |
| SOY | 2020-10-14 | [Spring rains provide planting window in South America - McKeany-Flavell](https://feedsoft.ai/events/50487-spring-rains-provide-planting-window-in-south-america-mckeany-flavell.md) | +1.9% | +9.0% |
| SOY | 2022-02-28 | [Soybean Prices Rise as South American Drought Reduces Harvest \| Feed & Grain](https://feedsoft.ai/events/14055-soybean-prices-rise-as-south-american-drought-reduces-harvest-feed-and-grain.md) | +5.4% | +7.5% |
| 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 | 2022-02-25 | [Soybean Prices Rise as Drought in South America Reduces Harvest - farmdoc daily](https://feedsoft.ai/events/42625-soybean-prices-rise-as-drought-in-south-america-reduces-harvest-farmdoc-daily.md) | +1.1% | +2.4% |
| CORN | 2020-09-30 | [Grain Belt & South America weather update - McKeany-Flavell](https://feedsoft.ai/events/50961-grain-belt-and-south-america-weather-update-mckeany-flavell.md) | +1.5% | +11.3% |
| CORN | 2020-10-14 | [Spring rains provide planting window in South America - McKeany-Flavell](https://feedsoft.ai/events/50487-spring-rains-provide-planting-window-in-south-america-mckeany-flavell.md) | +2.8% | +6.2% |
| CORN | 2022-02-28 | [Soybean Prices Rise as South American Drought Reduces Harvest \| Feed & Grain](https://feedsoft.ai/events/14055-soybean-prices-rise-as-south-american-drought-reduces-harvest-feed-and-grain.md) | +10.4% | +14.4% |

## Sources

- mckeany-flavell.com: https://www.mckeany-flavell.com/a-wet-start-to-south-american-soybean-harvest-01-27-21/

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