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Favorable rainfall in Brazil is raising expectations for a potentially record soybean crop, according to StoneX economist Arlan Suderman. He said the dry conditions that have historically affected central-west Brazil during El Niño years have not materialized this season.
Good rainfall in a major soybean-producing region supports crop development and could increase expected supply, putting downward pressure on soybean prices.
rrfn.comDon WickNov 7, 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.
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.
