# Soybean harvest delays in Brazil much ado about nothing - Brownfield Ag News

> U.S. Commodities president Don Roose says northern Brazil's soybean harvest is about 3% behind normal but forecast weather should help. He expects soybean output could rival last year's record above 114 million tonnes. He also warned Brazil's safrinha corn could come in 2 to 3 million tonnes below the latest USDA estimate, with acreage likely lower.

- Date: 2018-01-23 · published 2018-01-23T12:00:00.000Z
- Category: weather · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/66833-soybean-harvest-delays-in-brazil-much-ado-about-nothing-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Expectations of a large soybean crop are bearish for soy and meal, while a possible shortfall in Brazilian safrinha corn would support corn prices.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-06-11 | [Rain in much of Midwest sends soybeans, corn lower - Brownfield Ag News](https://feedsoft.ai/events/8247-rain-in-much-of-midwest-sends-soybeans-corn-lower-brownfield-ag-news.md) | -6.6% | -12.1% |
| SOY | 2021-12-13 | [Soybeans, corn down after rain in South America - Brownfield Ag News](https://feedsoft.ai/events/9262-soybeans-corn-down-after-rain-in-south-america-brownfield-ag-news.md) | +1.4% | +8.4% |
| 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 | 2022-01-14 | [Soybeans down on rain potential in South America - Brownfield Ag News](https://feedsoft.ai/events/7366-soybeans-down-on-rain-potential-in-south-america-brownfield-ag-news.md) | +3.6% | +15.9% |
| SOY | 2016-12-30 | [La Niña not panning out - Brownfield Ag News](https://feedsoft.ai/events/73402-la-nina-not-panning-out-brownfield-ag-news.md) | -1.7% | +1.9% |
| CORN | 2016-04-20 | [Soybeans surge again - Brownfield Ag News](https://feedsoft.ai/events/7723-soybeans-surge-again-brownfield-ag-news.md) | -0.3% | +2.3% |
| CORN | 2020-08-26 | [Possible planting delays in Brazil, but farmers are motivated by high prices - Brownfield Ag News](https://feedsoft.ai/events/51444-possible-planting-delays-in-brazil-but-farmers-are-motivated-by-high-prices.md) | +1.5% | +7.0% |
| CORN | 2017-11-01 | [Traders eyeing South American planting delays - Brownfield Ag News](https://feedsoft.ai/events/67824-traders-eyeing-south-american-planting-delays-brownfield-ag-news.md) | -3.2% | -4.8% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/soybean-harvest-delays-brazil-much-ado-nothing/

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