# Brazil monsoon snaps in place, breaking dry bias | 2020-12-16  | World Grain

> Brazil rainfall from late September through November was well below average, coinciding with Brazil running out of old-crop soybeans and sending futures soaring. A monsoon flow pattern finally initiated in early December, bringing enhanced rainfall to central-west and central-south Brazil, though La Niña dryness persists in eastern Argentina, southern Brazil, Paraguay and Uruguay.

- Date: 2020-12-16 · published 2020-12-16T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/49475-brazil-monsoon-snaps-in-place-breaking-dry-bias-2020-12-16-world-grain
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Improved rains reduce yield risk for Brazil's soybean and corn crops, easing some supply concern and pressuring soybean prices, while lingering dryness in Argentina keeps a floor under meal and oil values.

## Read by commodity

- SBM: neutral
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-12-15 | [Monsoon rains finally begin in Brazil \| World-grain.com \| December 15, 2017 20:55 \| World Grain](https://feedsoft.ai/events/67329-monsoon-rains-finally-begin-in-brazil-world-grain-com-december-15-2017-20-55.md) | -2.0% | +0.0% |
| SOY | 2026-02-13 | [Weather favors Brazil’s soybean crop \| World Grain](https://feedsoft.ai/events/13448-weather-favors-brazil-s-soybean-crop-world-grain.md) | +0.0% | +6.5% |
| SOY | 2024-07-17 | [La Nina Could be Positive for 2024/25 Growing Season in Brazil](https://feedsoft.ai/events/13558-la-nina-could-be-positive-for-2024-25-growing-season-in-brazil.md) | +2.5% | -9.3% |
| SOY | 2025-02-25 | [Brazil’s soybean harvest, safrinha corn-planting accelerate - Grain Central](https://feedsoft.ai/events/13513-brazil-s-soybean-harvest-safrinha-corn-planting-accelerate-grain-central.md) | -3.0% | -2.1% |
| SOY | 2023-05-16 | [U.S. weather, Brazilian production slashes grain prices](https://feedsoft.ai/events/5014-u-s-weather-brazilian-production-slashes-grain-prices.md) | -4.2% | -0.1% |
| CORN | 2017-12-15 | [Monsoon rains finally begin in Brazil \| World-grain.com \| December 15, 2017 20:55 \| World Grain](https://feedsoft.ai/events/67329-monsoon-rains-finally-begin-in-brazil-world-grain-com-december-15-2017-20-55.md) | +2.7% | +2.5% |
| CORN | 2023-11-16 | [Rains taking toll on EU soft wheat area \| World Grain](https://feedsoft.ai/events/33133-rains-taking-toll-on-eu-soft-wheat-area-world-grain.md) | +0.0% | -2.2% |
| CORN | 2024-07-17 | [La Nina Could be Positive for 2024/25 Growing Season in Brazil](https://feedsoft.ai/events/13558-la-nina-could-be-positive-for-2024-25-growing-season-in-brazil.md) | +2.6% | -1.3% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/14611-brazil-monsoon-snaps-in-place-breaking-dry-bias

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