With a Big Crop Expected, Brazil's Soybean Harvest Is Slow

After 123 past bullish macro events, Soybeans moved a median +0.3% over 5 sessions (60% higher; middle half -1.0% to +1.8%), and -0.4% over 20.

• Jun 1, 2026Corn, Wheat Continue to Fall with Crude Oil: Soybeans and Cattle Rally-5.5%
• Nov 5, 2020What’s fueling China’s thirst for U.S. corn and soybeans?+6.0%
• Apr 13, 2023China's exports rise unexpectedly, but economists warn of weakness ahead+0.1%
• Mar 18, 2020Soybeans: US government supports economy with USD 1 trillion - Mundus Agri+7.6%
• Feb 3, 2025Brazil's real sets longest streak of gains in 20 years+0.7%

After 151 past bullish macro events, Corn moved a median +0.2% over 5 sessions (57% higher; middle half -0.9% to +1.4%), and -0.3% over 20.

• Sep 12, 2024Brazilian market has firm prices and new area cut in the summer corn crop+4.9%
• Sep 29, 2025Strong domestic demand in Brazil will require more of the second corn crop in 2026-1.8%
• Nov 5, 2020What’s fueling China’s thirst for U.S. corn and soybeans?+0.3%
• Feb 3, 2025Brazil's real sets longest streak of gains in 20 years+0.6%
• Feb 8, 2018Poultry production expected to grow 3% annually+0.2%

After 301 past bullish macro events, Brazilian Real (BRL per USD) moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.7%), and +1.0% over 20.

• Aug 1, 2019Brazil's Larger-Than-Expected Rate Cut Is a Sign of More to Come+6.1%
• Jul 31, 2024Brazil holds interest rates as expected, flags 'greater caution'-0.2%
• May 18, 2017Brazil's Scandal Hits Soybean Prices+5.6%
• Oct 28, 2021Brazil's real drops as larger-than-expected rate hike fails to satisfy | Financial Post+0.7%
• May 18, 2017U.S. grains: Soybeans fall as Brazilian currency dives - AgCanada+5.6%