# Brazil crop update - Morning Ag Clips

> Brazil's 2018/19 crop season has started, with farmers planting corn and soybeans. Early soybean planting is ahead of last year, with Parana at 9% planted after one week, its fastest start in five years, and Mato Grosso at 0.8%.

- Date: 2018-09-27 · published 2018-09-27T12:00:00.000Z
- Category: weather · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/62863-brazil-crop-update-morning-ag-clips
- 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

A fast, favorable planting pace in Brazil points to a larger upcoming soybean supply, which is mildly bearish for soybean meal and soybeans prices, especially while US supplies are tied up in China trade tensions.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-03-08 | [An update on Brazil and Argentina crops - Morning Ag Clips](https://feedsoft.ai/events/65842-an-update-on-brazil-and-argentina-crops-morning-ag-clips.md) | -2.5% | -2.3% |
| SOY | 2018-12-13 | [Brazil soybean update and U.S. weather outlook - Morning Ag Clips](https://feedsoft.ai/events/61420-brazil-soybean-update-and-u-s-weather-outlook-morning-ag-clips.md) | -2.2% | -2.3% |
| SOY | 2017-02-16 | [Soybean harvest varies across Brazil - Morning Ag Clips](https://feedsoft.ai/events/72330-soybean-harvest-varies-across-brazil-morning-ag-clips.md) | -4.7% | -5.6% |
| SOY | 2017-01-24 | [Brazil's Soybean Crop Seen as Amazing](https://feedsoft.ai/events/72859-brazil-s-soybean-crop-seen-as-amazing.md) | -3.3% | -3.0% |
| SOY | 2016-06-23 | [UT Crop Market Update 6/23/2016 \| UT Crops News](https://feedsoft.ai/events/10241-ut-crop-market-update-6-23-2016-ut-crops-news.md) | +0.6% | -9.2% |
| SBM | 2018-12-13 | [Brazil soybean update and U.S. weather outlook - Morning Ag Clips](https://feedsoft.ai/events/61420-brazil-soybean-update-and-u-s-weather-outlook-morning-ag-clips.md) | -1.0% | -0.1% |
| SBM | 2017-02-16 | [Soybean harvest varies across Brazil - Morning Ag Clips](https://feedsoft.ai/events/72330-soybean-harvest-varies-across-brazil-morning-ag-clips.md) | -4.6% | -5.1% |
| SBM | 2017-01-24 | [Brazil's Soybean Crop Seen as Amazing](https://feedsoft.ai/events/72859-brazil-s-soybean-crop-seen-as-amazing.md) | -2.6% | -1.8% |

## Sources

- morningagclips.com: https://www.morningagclips.com/brazil-crop-update/

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