
Brazilian soybean planting reached 53% of the projected area, with widespread rain in Mato Grosso easing replanting concerns. Excess moisture slowed sowing in southern Brazil, while dry areas in Maranhão, Tocantins, Piauí and Bahia remained on hold; first-crop corn planting in the Center-South reached 63%.
The report describes mixed planting conditions but no major delays so far, limiting any immediate change to crop-supply expectations. Soybeans and corn are therefore assessed as neutral.
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.
After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), 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.