# Brazil's crop at crossroads

> Brazil's soybean crop had no serious production losses at the end of October despite dry spells in late September and early October that raised El Niño concerns. Early November weather is seen as decisive for the crop.

- Date: 2026-11-02 · published 2026-11-02T21:16:49.229Z
- Category: weather · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/76063-brazil-s-crop-at-crossroads
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Soybean supply from Brazil is the main export competitor for US beans; weather risk during planting keeps a modest weather premium in soybeans and meal, though no loss has yet been confirmed.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-01-09 | [Brazil, Argentina Crop Weather Update](https://feedsoft.ai/events/61025-brazil-argentina-crop-weather-update.md) | -1.4% | +1.7% |
| SOY | 2019-02-06 | [Brazil, Argentina Crop Weather Update](https://feedsoft.ai/events/60441-brazil-argentina-crop-weather-update.md) | -0.3% | -3.3% |
| SOY | 2023-12-18 | [El Niño Fuels Crop Issues In Brazil](https://feedsoft.ai/events/13605-el-nino-fuels-crop-issues-in-brazil.md) | -1.2% | -8.4% |
| SOY | 2024-07-03 | [Brazil’s Second Corn Crop Slightly Smaller Amid Drought](https://feedsoft.ai/events/13560-brazil-s-second-corn-crop-slightly-smaller-amid-drought.md) | -2.0% | -11.7% |
| SOY | 2022-05-31 | [Drought devastates Brazilian crop](https://feedsoft.ai/events/13720-drought-devastates-brazilian-crop.md) | -1.9% | -4.0% |
| SBM | 2019-01-09 | [Brazil, Argentina Crop Weather Update](https://feedsoft.ai/events/61025-brazil-argentina-crop-weather-update.md) | -2.6% | -2.7% |
| SBM | 2019-02-06 | [Brazil, Argentina Crop Weather Update](https://feedsoft.ai/events/60441-brazil-argentina-crop-weather-update.md) | -0.1% | -2.5% |
| SBM | 2024-07-03 | [Brazil’s Second Corn Crop Slightly Smaller Amid Drought](https://feedsoft.ai/events/13560-brazil-s-second-corn-crop-slightly-smaller-amid-drought.md) | +1.3% | -3.9% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/23404-brazils-crop-at-crossroads

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