◂ Event Timeline

Nov 12, 2026WEATHERBrazil

Soybean planting reaches 66.8% and rain of up to 175 mm forecast in Center-West

Conab data show Brazilian farmers had planted 66.8% of the intended soybean area in 12 monitored states by November 6, ahead of 59% a year earlier and 62.7% on the five-year average. Mato Grosso is 95.6% planted and Matopiba states remain below 25%.

Esalq/USP forecasts 100 to 175 mm of rain from November 12 to 27 across Mato Grosso, Goiás, Tocantins and western Bahia.

WHY IT MATTERS

Fast planting and heavy rain in the main Center-West region reduce the risk of delayed planting, which tends to weigh on soybean price risk premiums. Brazil's soybean supply outlook remains comfortable, so the price effect is mildly bearish to neutral.

AFFECTSSoybeans◆

SOURCE
otempo.com.brO TEMPO SERVIÇOSNov 12, 2026

Price reaction & history

Soybeans◆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.

Jan 13, 2022Last week's rains lead to the completion of soybean planting, which reaches 95% in RS - Revista Cultivar+2.5%
Dec 12, 2022Brazil producers hope for rain as soybean planting nears end-0.3%
Jul 31, 2024The status of the Midwest and U.S. soybean crop heading into August — AgVenture WSC+0.1%
Aug 14, 2025Indiana Corn, Soybean Crops Feel the Heat and Variability of Late Planting-0.8%
Sep 26, 2024Argentine exchange forecasts soybean harvest at 52 mln tons+0.3%

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.

Soybeans SOY · GP ▸

· ·