Timely Rains Help Brazil Crops, Dry Conditions Remain in Argentina

After 363 past bearish weather events, SOY moved a median -0.6% over 5 sessions (42% higher; middle half -2.5% to +1.1%), and -0.2% over 20.

• Dec 19, 2024A Big Brazilian Crop | Red River Farm Network+3.8%
• Apr 5, 2024Drought Conditions Improving in Much of Midwest | Red River Farm Network-1.8%
• Apr 1, 2023Record in Brazil, Drop in Argentina: Contrasting Soybean Harvests in South America - farmdoc daily-1.2%
• Nov 23, 2021Brazil’s planting pace remains ahead of schedule | Iowa Agribusiness Radio Network-4.5%
• May 21, 2025Dry weather to bring relief to Argentina's soggy farmlands-0.4%

After 445 past neutral weather events, CORN moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.

• Apr 12, 2026Brazil Soybean Harvest Nears Completion | Red River Farm Network+1.7%
• Apr 25, 2017First-crop harvest nearly complete in Brazil, progressing in Argentina thanks to dry weather+2.1%
• Sep 4, 2018RRFN Announces Final Crop Tour Results | Red River Farm Network+0.5%
• Dec 29, 2025Good rainfall in Brazil and dry weather in Argentina will be the main factors influencing prices in the coming weeks-1.0%
• Dec 22, 2023Grains respond to continued hot, dry weather in Brazil - Agweek | #1 source for agriculture news, farming, markets+2.4%