
Rio Grande do Sul soybean planting reached only 10% of the projected area by late October, per Emater/RS, due to high soil moisture, low temperatures and reduced light. Corn planting stands at 80% of its area.
Slow planting in Rio Grande do Sul delays the crop and adds weather risk to Brazil's southern soybean output, a modest bullish factor for soybeans.
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.
After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.
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.