◂ Event Timeline

Apr 25, 2017WEATHERArgentina

First-crop harvest nearly complete in Brazil, progressing in Argentina thanks to dry weather

USDA's weekly crop summary for April 16 to 22 reported that mild, dry weather improved harvesting conditions in central Argentina. Late-season rain kept conditions favorable for second-crop corn, and Brazil's first-crop harvest was nearly complete.

Brazilian soybean and corn yields were reported as high.

WHY IT MATTERS

Dry weather speeds Argentine harvest and reduces quality and delivery risk, so it adds little to price pressure. Strong Brazilian yields keep global feed supply comfortable.

AFFECTSCorn◆Soybeans◆

SOURCE
agupdate.comApr 25, 2017

Price reaction & history

Corn◆neutralSO FAR1d +1.0%5d +2.1%20d +4.1%

After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.

Feb 6, 2019Brazil, Argentina Crop Weather Update+0.7%
Dec 29, 2025Good rainfall in Brazil and dry weather in Argentina will be the main factors influencing prices in the coming weeks-1.0%
Jan 19, 2021Timely Rains Help Brazil Crops, Dry Conditions Remain in Argentina | Red River Farm Network+0.0%
Dec 22, 2023Grains respond to continued hot, dry weather in Brazil - Agweek | #1 source for agriculture news, farming, markets+2.4%
Apr 12, 2026Brazil Soybean Harvest Nears Completion | Red River Farm Network+1.7%

Soybeans◆neutralSO FAR1d -0.7%5d -0.2%20d -0.5%

After 324 past neutral weather events, Soybeans moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), and +0.7% over 20.

Dec 29, 2025Good rainfall in Brazil and dry weather in Argentina will be the main factors influencing prices in the coming weeks-1.1%
Jun 21, 2023Dry weather conditions in early summer worsen crop prospects in the EU+1.2%
Jan 19, 2023Brazil Soybeans 0.6% Harvested, Wet Weather Slows Early Harvest-1.4%
Apr 12, 2026Brazil Soybean Harvest Nears Completion | Red River Farm Network-0.7%
Jan 13, 2023Wet Weather Slows Initial Soy Harvest in Brazil, 0.04% Harvested-1.5%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Corn CORN · GP ▸

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Soybeans SOY · GP ▸

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