Loading…
NOAA's latest report keeps a forecast for a strong to very strong El Niño with a chance of historic intensity, affecting Brazil's 2026/27 soybean crop. Central-North areas could approach 40 °C, while the South, São Paulo and Mato Grosso do Sul face above-average rain.
Drought risk is flagged for parts of the North and Northeast.
Brazil is the largest soybean exporter, so weather stress in key growing regions can tighten export supplies and support soybean and meal prices. The risk is still forecast, not realized.
spacemoney.com.brRedação SpaceMoneyNov 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.
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.
