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Dry Spell in Key Brazilian Soybean Belt Raises Supply Risk for Next Crop
Dry Spell in Key Brazilian Soybean Belt Raises Supply Risk for Next Crop

A week-long dry spell across Brazil’s top soybean-producing states of Mato Grosso (MT), Goiás (GO), and Bahia (BA) is raising a supply risk for the upcoming 2026/27 crop, potentially providing fundamental support to global soybean futures. Key farming hubs like Sorriso in MT, Rio Verde in GO, and Luís Eduardo Magalhães in BA have registered near-zero rainfall over the past seven days, marking a critical period of soil moisture depletion as the planting season approaches. Sorriso-MT recorded just $0.4\text{mm}$ of rain in the last week, while Rio Verde-GO and Luís Eduardo Magalhães-BA both saw $0.0\text{mm}$ over seven consecutive dry days.
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