# El Niño may affect 2.3 million tonnes of soybeans

> Excess rain in early November in Paraná has waterlogged fields, slowed field operations and may force replanting in some areas. Paraná is among the states with the largest projected losses, with soybean planting 62% complete as of October 26 against 5.74 million hectares planned.

- Date: 2026-11-03 · published 2026-11-03T21:13:09.708Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/78445-el-nino-may-affect-2-3-million-tonnes-of-soybeans
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Projected losses of about 2.3 million tonnes would tighten Brazilian soybean supply for export and crushing, supporting soybean meal and oil prices if the damage is confirmed.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-02-10 | [La Nina Continues to Affect South American Corn and Soybeans](https://feedsoft.ai/events/13744-la-nina-continues-to-affect-south-american-corn-and-soybeans.md) | -0.5% | +6.6% |
| SOY | 2025-12-10 | [2025/26 Brazil Soybean Estimate Unchanged at 176.0 Million Tons](https://feedsoft.ai/events/13456-2025-26-brazil-soybean-estimate-unchanged-at-176-0-million-tons.md) | -2.3% | -3.7% |
| SOY | 2025-03-21 | [Argentina Grains Exchange Cuts Soybean Forecast by a Million Tons](https://feedsoft.ai/events/13870-argentina-grains-exchange-cuts-soybean-forecast-by-a-million-tons.md) | +0.4% | +2.3% |
| SOY | 2025-01-22 | [Soybeans Rallies on Tuesday - IBest Media](https://feedsoft.ai/events/11808-soybeans-rallies-on-tuesday-ibest-media.md) | -2.1% | -3.3% |
| SOY | 2019-06-24 | [Soybeans May Be Next Market to Surge as Wet Weather Drags On - TT](https://feedsoft.ai/events/58622-soybeans-may-be-next-market-to-surge-as-wet-weather-drags-on-tt.md) | -0.3% | -1.6% |

## Sources

- agrolink.com.br: https://www.agrolink.com.br/noticias/el-nino-pode-afetar-2-3-milhoes-de-toneladas-de-soja_520521.html

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