# Good Weather and Crop Outlook in South America | Hoosier Ag Today

> Brazilian soybean farmers have finished planting with good weather giving the crop a fast start, and harvest could begin by mid-January. Meteorologists see Argentina drying out over the next 10 days but no major drought yet, while Brazil's improved weather may help its corn crop.

- Date: 2016-12-08 · published 2016-12-08T12:00:00.000Z
- Category: weather · region South America · magnitude low
- Page: https://feedsoft.ai/events/73326-good-weather-and-crop-outlook-in-south-america-hoosier-ag-today
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Favorable Brazil conditions point to a large harvest that weighs on soybean and corn prices, while Argentine dryness remains a watch item that could support prices if it persists.

## Read by commodity

- 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 | 2017-12-22 | [Ag Weather Forum: Favorable South America Rain Outlook \| La Niña Ready Nations](https://feedsoft.ai/events/67403-ag-weather-forum-favorable-south-america-rain-outlook-la-nina-ready-nations.md) | +0.3% | +4.0% |
| SOY | 2017-12-08 | [No South America Weather Calamity Yet](https://feedsoft.ai/events/67400-no-south-america-weather-calamity-yet.md) | -2.4% | -3.4% |
| 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 | 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 | 2017-12-22 | [Ag Weather Forum: Favorable South America Rain Outlook \| La Niña Ready Nations](https://feedsoft.ai/events/67403-ag-weather-forum-favorable-south-america-rain-outlook-la-nina-ready-nations.md) | +0.1% | +1.5% |
| CORN | 2017-12-08 | [No South America Weather Calamity Yet](https://feedsoft.ai/events/67400-no-south-america-weather-calamity-yet.md) | +2.9% | +5.8% |

## Sources

- hoosieragtoday.com: https://www.hoosieragtoday.com/2016/12/08/good-weather-and-crop-outlook-in-south-america/

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