# Brazil’s wacky 2018-19 weather to pare yields

> Analysts continue to trim South American soybean production estimates for 2018-19 due to dry weather. Some Parana farms report no losses, but other areas see yields as low as 18 bushels per acre. Paraguay estimates 15% national yield losses, while flooding hit Argentina and Uruguay.

- Date: 2019-01-31 · published 2019-01-31T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/60943-brazil-s-wacky-2018-19-weather-to-pare-yields
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Repeated downgrades to South American soybean output tighten global supply and support soybean meal and soybean prices for feed users.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-01-09 | [Brazil, Argentina Crop Weather Update](https://feedsoft.ai/events/61025-brazil-argentina-crop-weather-update.md) | -1.4% | +1.7% |
| SOY | 2019-02-06 | [Brazil, Argentina Crop Weather Update](https://feedsoft.ai/events/60441-brazil-argentina-crop-weather-update.md) | -0.3% | -3.3% |
| SOY | 2020-11-30 | [How Badly Has Weather Hurt Yields? \| Feed & Grain](https://feedsoft.ai/events/49991-how-badly-has-weather-hurt-yields-feed-and-grain.md) | -2.4% | +5.3% |
| SOY | 2018-05-22 | [Southern Brazil drying a concern \| World-grain.com \| May 22, 2018 16:19 \| World Grain](https://feedsoft.ai/events/64861-southern-brazil-drying-a-concern-world-grain-com-may-22-2018-16-19-world-grain.md) | +0.5% | -13.3% |
| SOY | 2020-10-14 | [How Brazil’s weather woes could boost U.S. farm incomes](https://feedsoft.ai/events/50485-how-brazil-s-weather-woes-could-boost-u-s-farm-incomes.md) | +1.9% | +9.0% |
| SBM | 2019-01-09 | [Brazil, Argentina Crop Weather Update](https://feedsoft.ai/events/61025-brazil-argentina-crop-weather-update.md) | -2.6% | -2.7% |
| SBM | 2019-02-06 | [Brazil, Argentina Crop Weather Update](https://feedsoft.ai/events/60441-brazil-argentina-crop-weather-update.md) | -0.1% | -2.5% |
| SBM | 2019-01-18 | [Soybeans Close Higher as Hot Weather Persists in Brazil](https://feedsoft.ai/events/12390-soybeans-close-higher-as-hot-weather-persists-in-brazil.md) | +0.5% | -1.8% |

## Sources

- farmprogress.com: https://www.farmprogress.com/farm-operations/brazil-s-wacky-2018-19-weather-to-pare-yields

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