# Ag Weather Forum: Favorable South America Rain Outlook | La Niña Ready Nations

> DTN forecasts timely, beneficial rains for most of South America's crop areas from December 19 to 25, including dry parts of Argentina and southern Brazil. The forecast reverses recent heat and dryness linked to a weak La Niña.

- Date: 2017-12-22 · published 2017-12-22T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/67403-ag-weather-forum-favorable-south-america-rain-outlook-la-nina-ready-nations
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Rain relief in Argentina and southern Brazil eases the yield risk that had supported soybean and corn prices, so it is bearish for those markets.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2016-11-18 | [Favorable weather outlook for South America - Brownfield Ag News](https://feedsoft.ai/events/73776-favorable-weather-outlook-for-south-america-brownfield-ag-news.md) | +5.7% | +4.8% |
| SOY | 2017-01-11 | [Favorable Weather for South America](https://feedsoft.ai/events/72858-favorable-weather-for-south-america.md) | +6.9% | +5.3% |
| SOY | 2016-12-08 | [Good Weather and Crop Outlook in South America \| Hoosier Ag Today](https://feedsoft.ai/events/73326-good-weather-and-crop-outlook-in-south-america-hoosier-ag-today.md) | -2.4% | -6.0% |
| SOY | 2023-08-25 | [El Nino Favors South American Soy Crop; Northern Brazil Outlook Less Rosy](https://feedsoft.ai/events/13635-el-nino-favors-south-american-soy-crop-northern-brazil-outlook-less-rosy.md) | -0.4% | -5.1% |
| SOY | 2019-02-26 | [More Improved South America Weather Conditions](https://feedsoft.ai/events/60440-more-improved-south-america-weather-conditions.md) | -0.9% | -0.6% |
| CORN | 2016-11-18 | [Favorable weather outlook for South America - Brownfield Ag News](https://feedsoft.ai/events/73776-favorable-weather-outlook-for-south-america-brownfield-ag-news.md) | +2.1% | +4.0% |
| CORN | 2017-01-11 | [Favorable Weather for South America](https://feedsoft.ai/events/72858-favorable-weather-for-south-america.md) | +0.0% | +1.3% |
| CORN | 2016-12-08 | [Good Weather and Crop Outlook in South America \| Hoosier Ag Today](https://feedsoft.ai/events/73326-good-weather-and-crop-outlook-in-south-america-hoosier-ag-today.md) | +0.9% | +0.3% |

## Sources

- laninareadynations.com: https://www.laninareadynations.com/drought/ag-weather-forum-favorable-south-america-rain-outlook/

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