
Argentina exported more than 101 million tonnes of main grains and by-products from January to October 2026, a record 10 Mt above the previous high and 13% above last year. Corn exports reached about 37.1 Mt, and Rosario board prices showed soybeans down 3.6% and wheat down 16.5% since mid-October.
Record Argentine export flows add competing supply to global soybean meal, corn and wheat markets, which weighs on prices for buyers relying on South American origin. The price drops on the Rosario board point to softer local values.
After 804 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), 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.