# Dry weather conditions in Brazil drive US soybean expectations up - DatamarNews

> US soybean futures rose to a one-week high, reaching $9.09 per bushel, on declining Brazilian yield prospects and optimism over US-China trade talks. Traders cited dry conditions in central Brazil, including Mato Grosso, Parana and Matopiba, where some areas may lose up to 40% of potential yield.

- Date: 2019-01-03 · published 2019-01-03T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/60944-dry-weather-conditions-in-brazil-drive-us-soybean-expectations-up-datamarnews
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Expected Brazilian yield losses combined with trade optimism support US soybean prices and firm the cost of meal for feed buyers.

## Read by commodity

- SOY: bullish ▲
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-09-23 | [Dry weather may delay soy planting in Brazil - DatamarNews](https://feedsoft.ai/events/56903-dry-weather-may-delay-soy-planting-in-brazil-datamarnews.md) | +0.0% | +5.8% |
| SOY | 2023-10-23 | [Brazil Soybean Planting Slows as Dry Conditions Spread](https://feedsoft.ai/events/13619-brazil-soybean-planting-slows-as-dry-conditions-spread.md) | -0.4% | +2.9% |
| SOY | 2022-12-26 | [Dry Conditions Slow Soybean Planting in Rio Grande do Sul, Brazil](https://feedsoft.ai/events/13684-dry-conditions-slow-soybean-planting-in-rio-grande-do-sul-brazil.md) | +0.6% | +1.6% |
| SOY | 2022-12-14 | [Concerns over Argentine soybean crop raises meal prices in Brazil - DatamarNews](https://feedsoft.ai/events/38321-concerns-over-argentine-soybean-crop-raises-meal-prices-in-brazil-datamarnews.md) | -0.1% | +3.4% |
| SOY | 2025-10-03 | [Central Brazil Soybeans at Risk With Continued Dry Weather](https://feedsoft.ai/events/13464-central-brazil-soybeans-at-risk-with-continued-dry-weather.md) | -0.1% | +6.6% |
| CORN | 2025-10-03 | [Central Brazil Soybeans at Risk With Continued Dry Weather](https://feedsoft.ai/events/13464-central-brazil-soybeans-at-risk-with-continued-dry-weather.md) | +0.3% | +1.2% |
| CORN | 2023-08-15 | [Soybeans down despite dry weather concerns - Brownfield Ag News](https://feedsoft.ai/events/5617-soybeans-down-despite-dry-weather-concerns-brownfield-ag-news.md) | -0.9% | -1.3% |
| CORN | 2023-12-22 | [Grains respond to continued hot, dry weather in Brazil - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/11282-grains-respond-to-continued-hot-dry-weather-in-brazil-agweek-1-source-for.md) | +2.4% | -1.8% |

## Sources

- datamarnews.com: https://datamarnews.com/noticias/dry-weather-conditions-in-brazil-drive-us-soybean-expectations-up/

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