
Heavy storms, hail and strong winds are forecast for southern Brazil in the first week of November, with cold fronts also boosting rain in the Southeast and Center-West. The Northeast interior continues to face intense heat and low humidity.
Recent storms in São Paulo, Minas Gerais and Paraná brought heavy accumulations.
Excess rain and hail can delay planting and damage early crops in the south, while heat in the Northeast adds stress. Effects on prices are limited unless the stress spreads to major producing areas.
After 1,964 past weather events, SOY moved a median +0.1% over 5 sessions (51% higher; middle half -1.7% to +1.8%), and +0.3% over 20.
After 2,467 past weather events, CORN moved a median +0.1% over 5 sessions (51% higher; middle half -1.5% to +1.7%), and +0.6% over 20.
After 639 past weather events, SBM moved a median +0.0% over 5 sessions (51% higher; middle half -1.9% to +2.3%), and -0.0% 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.