Brazil’s Inmet forecast above-average rainfall in the South and parts of the Southeast from November 2026 through January 2027, while parts of the North and Northeast are expected to receive below-normal precipitation. It also expects elevated temperatures across much of the country, with regional differences in soil moisture and implications for crop planting, development and harvest.
The forecast points to improved moisture for some crops but also potential planting disruption, harvest delays and disease pressure in wetter areas, while drier regions face moisture risks. These contrasting conditions create localized supply uncertainty rather than a clear nationwide price signal.
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.
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.