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CESB experts warn that Brazil's 2019/20 soybean planting is lagging last season, with AgRural reporting 93% of the estimated area planted versus 96% in 2018. Delays could hurt varietal adaptation and raise pest and rust pressure, potentially requiring more unplanned sprays.
A slower planting pace raises the risk of lower yields in Brazil, the world's largest soybean exporter, which can support soybean complex prices and meal demand if the rains fail to return in time.
revistacultivar.comDec 17, 2019After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.
After 453 past bullish weather events, Soybean Meal moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
