# After the Bell | January 5, 2022 - Pro Farmer

> Soybean futures rose to near a seven-month high on shrinking South American production outlooks, with private analysts cutting Paraguay and southern Brazil forecasts. Corn and wheat fell, with March SRW wheat down 9 1/4 cents to $7.60 3/4.

- Date: 2022-01-05 · published 2022-01-05T12:00:00.000Z
- Category: weather · region South America · magnitude medium
- Page: https://feedsoft.ai/events/5771-after-the-bell-january-5-2022-pro-farmer
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower South American crop estimates tighten global soybean supplies, supporting meal and oil prices. Weakness in corn and wheat reflects spillover and profit-taking.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bearish ▼
- WHEAT: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBM | 2022-01-07 | 5 | +9.2% | 3.2 | Soybean futures rose to near a seven-month high as analysts cut South American (Paraguay, southern Brazil) crop forecasts, a supply-side driver that lifts soybean complex prices including meal. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-02-01 | [After the Bell \| February 1, 2022 - Pro Farmer](https://feedsoft.ai/events/12635-after-the-bell-february-1-2022-pro-farmer.md) | +6.1% | +14.4% |
| SOY | 2022-07-29 | [After the Bell \| July 29, 2022 - Pro Farmer](https://feedsoft.ai/events/8746-after-the-bell-july-29-2022-pro-farmer.md) | +0.4% | -3.5% |
| SOY | 2022-12-28 | [After the Bell \| December 28, 2022 - Pro Farmer](https://feedsoft.ai/events/7012-after-the-bell-december-28-2022-pro-farmer.md) | -0.3% | +2.8% |
| SOY | 2022-01-04 | [Ahead of the Open \| January 4, 2022 - Pro Farmer](https://feedsoft.ai/events/5775-ahead-of-the-open-january-4-2022-pro-farmer.md) | +2.3% | +13.7% |
| SOY | 2024-05-02 | [Ahead of the Open \| May 2, 2024 - Pro Farmer](https://feedsoft.ai/events/5412-ahead-of-the-open-may-2-2024-pro-farmer.md) | +4.9% | +4.7% |
| SBM | 2022-02-01 | [After the Bell \| February 1, 2022 - Pro Farmer](https://feedsoft.ai/events/12635-after-the-bell-february-1-2022-pro-farmer.md) | +7.2% | +7.8% |
| SBM | 2022-12-28 | [After the Bell \| December 28, 2022 - Pro Farmer](https://feedsoft.ai/events/7012-after-the-bell-december-28-2022-pro-farmer.md) | +6.1% | +2.7% |
| SBM | 2024-10-21 | [Market Snapshot \| October 21, 2024 - Pro Farmer](https://feedsoft.ai/events/11151-market-snapshot-october-21-2024-pro-farmer.md) | -3.2% | -8.1% |

## Sources

- profarmer.com: https://www.profarmer.com/news/after-bell/after-bell-january-5-2022

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