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Brazil's corn and soybean planting is running about 2 percent ahead of the five-year average as of October 30, per World Weather Incorporated. Dry soil in parts of central and northern Brazil needs more rain, while heavy rain in the south is slowing fieldwork and raising wheat quality concerns.
Brazil's winter wheat harvest is 67 percent complete, 7 points ahead of average.
Early planting supports the outlook for Brazil's soybean and safrinha corn crops, which weighs on export prices. Dry northern areas and wheat quality problems in the south are the risks that could pull that outlook back.
rrfn.comKloe WaddNov 4, 2026After 363 past bearish weather events, Soybeans moved a median -0.6% over 5 sessions (42% higher; middle half -2.5% to +1.1%), and -0.2% over 20.
After 357 past bearish weather events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.3%), and -0.5% over 20.
After 224 past neutral weather events, Wheat (SRW) moved a median -0.1% over 5 sessions (46% higher; middle half -1.4% to +1.5%), and +0.4% 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.
