
Capal Cooperativa in São Paulo reports soybean planting at 55% of its roughly 80,000 hectares, about 25 points behind a typical year. Persistent rain in the southwest of the state limits field work, and the cooperative expects to finish planting between 15 and 20 November.
Delayed planting in São Paulo adds mild weather risk to the Brazilian crop. It is a local delay, not a national shortfall, so the price impact is limited.
After 324 past neutral weather events, Soybeans moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), and +0.7% 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.