# Is dryness in Brazil’s crop country an omen? | 2018-12-26  | World Grain

> World Grain reports that dry weather in southern Brazil in early December, including Mato Grosso do Sul and Sao Paulo, is raising hopes among traders that a supply shock could lift depressed grain and oilseed prices. Forecaster World Weather, Inc. argues the dryness is not a lasting turn, with Argentina's outlook improving.

- Date: 2018-12-26 · published 2018-12-26T12:00:00.000Z
- Category: weather · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/61419-is-dryness-in-brazil-s-crop-country-an-omen-2018-12-26-world-grain
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Traders are weighing whether the dryness will cut Brazilian soybean and corn output, which could firm prices after record US and Brazilian crops, though the forecaster sees limited lasting impact.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-12-18 | [Heat, dryness expected in Brazil \| World Grain](https://feedsoft.ai/events/26868-heat-dryness-expected-in-brazil-world-grain.md) | -0.2% | +4.3% |
| 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 | 2019-09-30 | [Dryness impacting Argentine crops \| 2019-09-30  \| World Grain](https://feedsoft.ai/events/56912-dryness-impacting-argentine-crops-2019-09-30-world-grain.md) | +3.8% | +4.2% |
| SOY | 2023-11-27 | [Brazil crop weather in 2023 is challenging years like 2015
 \| World Grain](https://feedsoft.ai/events/13615-brazil-crop-weather-in-2023-is-challenging-years-like-2015-world-grain.md) | -0.4% | -2.3% |
| SOY | 2017-12-18 | [Argentina’s farmers sweating out dryness \| World-grain.com \| December 18, 2017 14:10 \| World Grain](https://feedsoft.ai/events/67322-argentina-s-farmers-sweating-out-dryness-world-grain-com-december-18-2017-14-10.md) | -1.8% | +0.2% |
| CORN | 2024-12-18 | [Heat, dryness expected in Brazil \| World Grain](https://feedsoft.ai/events/26868-heat-dryness-expected-in-brazil-world-grain.md) | +0.4% | +5.2% |
| CORN | 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) | +0.7% | -7.9% |
| CORN | 2019-09-30 | [Dryness impacting Argentine crops \| 2019-09-30  \| World Grain](https://feedsoft.ai/events/56912-dryness-impacting-argentine-crops-2019-09-30-world-grain.md) | -0.9% | +1.1% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/11422-is-dryness-in-brazils-crop-country-an-omen

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