# Dryness worsens in the South as Brazil’s soy harvest reaches 31% – Ohio Ag Net | Ohio's Country Journal

> AgRural reported Brazil's soybean harvest at 31% by February 20, behind last year's 45% but ahead of the previous week. Dry weather since late January is cutting yields in Rio Grande do Sul, which AgRural has cut twice, and further reductions are expected in March. National soybean output is still forecast at a record 125.6 million tonnes.

- Date: 2020-02-25 · published 2020-02-25T12:00:00.000Z
- Category: weather · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/54462-dryness-worsens-in-the-south-as-brazil-s-soy-harvest-reaches-31-ohio-ag-net
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Dryness in Rio Grande do Sul and a delayed soybean harvest put pressure on second-crop corn planting timing and reduce supply from the South. Strong national soybean forecasts limit upside in soybean prices.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-11-12 | [More regular rains take Brazil’s soybean planting to 58% – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/55903-more-regular-rains-take-brazil-s-soybean-planting-to-58-ohio-ag-net-ohio-s.md) | -0.5% | -2.9% |
| CORN | 2023-02-27 | [Delays in the corn harvest in Brazil worry agents](https://feedsoft.ai/events/13666-delays-in-the-corn-harvest-in-brazil-worry-agents.md) | -1.3% | -1.8% |
| CORN | 2018-06-06 | [Markets have plenty to watch as summer heats up – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/6749-markets-have-plenty-to-watch-as-summer-heats-up-ohio-ag-net-ohio-s-country.md) | -1.8% | -7.2% |
| CORN | 2018-12-26 | [Is dryness in Brazil’s crop country an omen? \| 2018-12-26  \| World Grain](https://feedsoft.ai/events/61419-is-dryness-in-brazil-s-crop-country-an-omen-2018-12-26-world-grain.md) | -0.3% | +0.6% |
| CORN | 2018-02-08 | [Looming La Niña could affect yields, prices – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/66350-looming-la-nina-could-affect-yields-prices-ohio-ag-net-ohio-s-country-journal.md) | +0.2% | +2.3% |
| SOY | 2024-12-08 | [Surprising yields, impressive genetics and an early harvest in 2024 – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/13132-surprising-yields-impressive-genetics-and-an-early-harvest-in-2024-ohio-ag-net.md) | -0.6% | -0.2% |
| SOY | 2019-12-02 | [Pockets and windows: 2019 year in review – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/55431-pockets-and-windows-2019-year-in-review-ohio-ag-net-ohio-s-country-journal.md) | +1.5% | +7.2% |
| SOY | 2023-01-13 | [Wet Weather Slows Initial Soy Harvest in Brazil, 0.04% Harvested](https://feedsoft.ai/events/13676-wet-weather-slows-initial-soy-harvest-in-brazil-0-04-harvested.md) | -1.5% | +0.8% |

## Sources

- ocj.com: https://ocj.com/2020/02/dryness-worsens-in-the-south-as-brazils-soy-harvest-reaches-31/

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