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Forecasts show maximum temperatures above 38°C in Balsas and São Raimundo das Mangabeiras in Maranhão, above the regional average. The heat could raise irrigation costs and reduce yields in the state's crop areas.
Balsas is part of Brazil's soybean and corn belt, so heat stress could tighten local supply and modestly support soybean prices if it persists.
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.