Conab: climate pressures projections for Brazil's grain harvest

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.

• Jan 17, 2022Brazil’s Drought Reduces Grain Harvest Forecasts+3.4%
• Dec 11, 2023Brazil reduces estimates for grain harvest amid extreme weather events+0.9%
• Dec 12, 2023Brazil Cuts Its Soybean and Corn Production Projections for 2024 - farmdoc daily-0.7%
• May 2, 2024Heavy rains in big Brazil farm state disrupt soy, corn harvests in final stages+4.9%
• Jan 2, 2019U.S. grains: Soy up on crop stress in Brazil, hopes for China talks - AgCanada+2.7%

After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.

• Jan 17, 2022Brazil’s Drought Reduces Grain Harvest Forecasts-0.5%
• Dec 11, 2023Brazil reduces estimates for grain harvest amid extreme weather events+1.0%
• Apr 6, 2026Climate concerns second corn crop and soybean harvest advances to 82% in Brazil-1.8%
• Jun 26, 2020Climate change could affect the second corn harvest in Brazil - Revista Cultivar+4.6%
• Aug 3, 2021Brazil's second corn harvest 19 million tons smaller-1.8%