
From October 21 to November 10, parts of Rio Grande do Sul had up to 10 consecutive days with less than 1 mm of rain, while the state’s Southern region recorded just 24 mm over the period. Forecast rainfall for November 11–17 ranges from 33 mm in the South to 65 mm in the Missões, offering some potential relief.
Uneven rainfall and low soil moisture can stress soybean crops and threaten yields, supporting soybean prices if dryness persists. Forecast rain may limit the risk if it arrives as expected.
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.
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.