# South America Hits Dryness Bump

> Rio Grande do Sul has recorded only 20 to 40% of normal precipitation this year, cutting its corn crop below 5 million tonnes and its soybean crop by 16% to under 17 million tonnes. Brazil's national totals remain large, with corn above 100 million tonnes and soybeans near a record 124 million tonnes.

- Date: 2020-05-01 · published 2020-05-01T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/52958-south-america-hits-dryness-bump
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Losses in the south reduce Brazil's export availability for corn and soy, which tightens the balance sheet and supports prices even though national output stays large.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-04-14 | [Dry Season Begins in South America](https://feedsoft.ai/events/53474-dry-season-begins-in-south-america.md) | -3.9% | -4.0% |
| CORN | 2020-04-29 | [South America Calling](https://feedsoft.ai/events/53471-south-america-calling.md) | +2.5% | +2.3% |
| CORN | 2025-03-28 | [South America Calling](https://feedsoft.ai/events/13506-south-america-calling.md) | +0.5% | +5.5% |
| CORN | 2023-09-21 | [South America Calling](https://feedsoft.ai/events/13623-south-america-calling.md) | -0.2% | +0.5% |
| CORN | 2021-01-26 | [Dry Crop Season in South America to Continue](https://feedsoft.ai/events/48975-dry-crop-season-in-south-america-to-continue.md) | +5.1% | +1.5% |
| SOY | 2020-04-14 | [Dry Season Begins in South America](https://feedsoft.ai/events/53474-dry-season-begins-in-south-america.md) | -3.2% | -0.2% |
| SOY | 2023-09-21 | [South America Calling](https://feedsoft.ai/events/13623-south-america-calling.md) | -1.3% | -0.7% |
| SOY | 2018-12-19 | [Heat and Dryness in Southern Brazil](https://feedsoft.ai/events/61424-heat-and-dryness-in-southern-brazil.md) | -4.2% | +0.0% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2020/05/01/south-america-hits-dryness-bump

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