Loading…
A Pátria Agronegócios director says El Niño has caused severe drought and irreversible yield losses in parts of northwest Mato Grosso, Rondônia, Pará and Tocantins, while excessive rain is affecting the south. He argues Brazil's production will fall well below official and international forecasts and advises farmers to hold back sales.
Dollar volatility is also cited as a factor slowing commercialization.
If Brazilian 2026/27 soybean output falls short of consensus and farmers hold stocks, export availability tightens and supports soybean and soymeal prices. Slower farmer selling also tightens near-term physical supply.
noticiasagricolas.com.brCarla MendesNov 12, 2026After 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 453 past bullish weather events, Soybean Meal moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% 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.
