# Dollar back to R$5.60 with inflation data and fiscal package; climate alert grows in Brazil

> The dollar returned to around R$5.60 on Thursday after softer IPCA inflation and reaction to the fiscal package. Soybeans traded slightly lower in Chicago at about $12.24 per bushel, and concern grew over El Niño effects on Brazil's 2026/27 crop, with excess rain in the South and uneven moisture in Mato Grosso.

- Date: 2026-11-12 · published 2026-11-12T18:10:53.615Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/95873-dollar-back-to-r-5-60-with-inflation-data-and-fiscal-package-climate-alert
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

El Niño-driven uneven rainfall in Brazil's two main producing regions raises the risk of lower soybean and corn output, which supports prices, while the currency move affects export competitiveness.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-09-02 | [Climate Forecast Catalysts to Produce a Wet Spring Forecast for Brazil Are Not Developing - Climate Impact Company](https://feedsoft.ai/events/44990-climate-forecast-catalysts-to-produce-a-wet-spring-forecast-for-brazil-are-not.md) | -1.5% | -1.7% |
| SOY | 2019-12-10 | [Climate change and the threat to global breadbaskets - IIASA](https://feedsoft.ai/events/55501-climate-change-and-the-threat-to-global-breadbaskets-iiasa.md) | +2.8% | +4.6% |
| SOY | 2022-02-04 | [Late-Winter and Early Growing Season Climatological Outlooks for 2022 \| Integrated Crop Management](https://feedsoft.ai/events/42620-late-winter-and-early-growing-season-climatological-outlooks-for-2022.md) | +1.9% | +8.5% |
| SOY | 2021-07-20 | [After second wave, patchy monsoon rains are raising growth and inflation worries for India](https://feedsoft.ai/events/46033-after-second-wave-patchy-monsoon-rains-are-raising-growth-and-inflation-worries.md) | -1.1% | -3.6% |
| SOY | 2024-04-08 | [Corn Growing Conditions Worsen in Brazil](https://feedsoft.ai/events/13575-corn-growing-conditions-worsen-in-brazil.md) | -0.9% | +1.4% |
| CORN | 2023-04-06 | [Brazil: Rains at the end of March collaborated with the soybean crop in Rio Grande do Sul](https://feedsoft.ai/events/13657-brazil-rains-at-the-end-of-march-collaborated-with-the-soybean-crop-in-rio.md) | -0.4% | -2.0% |
| CORN | 2021-06-09 | [Brazil Declares First Drought Alert in a Century: Weighs on Crop Production](https://feedsoft.ai/events/46413-brazil-declares-first-drought-alert-in-a-century-weighs-on-crop-production.md) | -1.4% | -1.4% |
| CORN | 2026-04-06 | [Climate concerns second corn crop and soybean harvest advances to 82% in Brazil](https://feedsoft.ai/events/13439-climate-concerns-second-corn-crop-and-soybean-harvest-advances-to-82-in-brazil.md) | -1.8% | +2.8% |

## Sources

- agronews.tv.br: https://www.agronews.tv.br/dolar-volta-aos-r-560-com-ipca-e-pacote-fiscal-e-alerta-climatico-cresce-no-brasil

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.