# Brazil's Soybean Crop Seen as Amazing

> Brazil's soybean crop is being described as strong, with Mato Grosso harvest yields of 53.33 to 57.99 bushels per acre and Paraná yields of 56.2 to 61.56 bushels per acre. Brazilian farmers are slowing sales because of a weaker real, and wet weather is expected to delay harvest in several central states through January.

- Date: 2017-01-24 · published 2017-01-24T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/72859-brazil-s-soybean-crop-seen-as-amazing
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong yields add to global soybean supply, which is bearish for soybeans and meal, while slower farmer selling tightens near-term export availability and limits the price drop. The weaker real reduces the price of Brazilian beans in dollar terms and encourages farmers to hold back supply.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-09-28 | [Brazil readies for historic soybean crop](https://feedsoft.ai/events/13699-brazil-readies-for-historic-soybean-crop.md) | -1.7% | -1.8% |
| SOY | 2026-02-13 | [Weather favors Brazil’s soybean crop \| World Grain](https://feedsoft.ai/events/13448-weather-favors-brazil-s-soybean-crop-world-grain.md) | +0.0% | +6.5% |
| SOY | 2018-11-15 | [Brazil's Soybean Planting Progress Hits 71%](https://feedsoft.ai/events/61886-brazil-s-soybean-planting-progress-hits-71.md) | +1.4% | +3.4% |
| SOY | 2024-10-25 | [Soybean market turns on Brazil](https://feedsoft.ai/events/13540-soybean-market-turns-on-brazil.md) | -1.4% | -1.9% |
| SOY | 2024-11-28 | [New soybean crop planting crop advances and already exceeds 80% in Brazil](https://feedsoft.ai/events/13535-new-soybean-crop-planting-crop-advances-and-already-exceeds-80-in-brazil.md) | +0.5% | -0.9% |
| SBM | 2022-09-28 | [Brazil readies for historic soybean crop](https://feedsoft.ai/events/13699-brazil-readies-for-historic-soybean-crop.md) | -4.6% | -0.8% |
| SBM | 2026-02-13 | [Weather favors Brazil’s soybean crop \| World Grain](https://feedsoft.ai/events/13448-weather-favors-brazil-s-soybean-crop-world-grain.md) | -0.0% | +6.9% |
| SBM | 2018-11-15 | [Brazil's Soybean Planting Progress Hits 71%](https://feedsoft.ai/events/61886-brazil-s-soybean-planting-progress-hits-71.md) | +0.3% | +1.2% |

## Sources

- agriculture.com: https://www.agriculture.com/markets/your-world-in-agriculture/brazils-soybean-crop-seen-as-amazing

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