# Better than expected South America growing season - Brownfield Ag News

> A USDA deputy chief meteorologist says a weak La Niña has produced better-than-expected growing conditions in South America. Argentina's dry start was offset by recent rains, and Brazil's corn and soybean prospects are good so far. USDA FAS projects a slightly smaller 2017 Argentine soybean crop and a bumper corn crop.

- Date: 2016-12-29 · published 2016-12-29T12:00:00.000Z
- Category: weather · region South America · magnitude low
- Page: https://feedsoft.ai/events/73401-better-than-expected-south-america-growing-season-brownfield-ag-news
- 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

A large Southern Hemisphere harvest would add export supply to the market and put downward pressure on US soybean and corn prices, especially once South American exports ramp up in spring.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2022-11-21 | [South American crops projected to hit record highs and lows - Brownfield Ag News](https://feedsoft.ai/events/38579-south-american-crops-projected-to-hit-record-highs-and-lows-brownfield-ag-news.md) | +2.0% | +2.3% |
| 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 | 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 | 2025-10-22 | [Favorable weather accelerates South American soybean and corn planting - Brownfield Ag News](https://feedsoft.ai/events/13470-favorable-weather-accelerates-south-american-soybean-and-corn-planting.md) | +4.6% | +11.9% |
| CORN | 2024-12-04 | [Missouri farmer reflects on challenging growing season, better than expected harvest - Brownfield Ag News](https://feedsoft.ai/events/13130-missouri-farmer-reflects-on-challenging-growing-season-better-than-expected.md) | +4.5% | +7.4% |
| CORN | 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) | -0.1% | +0.8% |
| CORN | 2022-11-21 | [South American crops projected to hit record highs and lows - Brownfield Ag News](https://feedsoft.ai/events/38579-south-american-crops-projected-to-hit-record-highs-and-lows-brownfield-ag-news.md) | -3.5% | -5.6% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/better-expected-south-america-growing-season/

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