
Soybean planting in Paraná reached 71% of the planned area, or about 4.05 million hectares, but remains behind the pace of the previous three seasons. Excessive rain has hampered fieldwork and lowered the share of crops rated in good condition from 88% to 85% in a week.
Continued rain could delay planting and worsen crop conditions, raising localized production risk and lending support to soybean prices. A slower soybean cycle may also affect the timing of the state’s January corn crop.
After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% 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.