# Soy-fronterate drops to EUR 308.07 / t - Rain in

> Soybean prices fell to EUR 308.07 per tonne on March 21, 2018. The decline was attributed to rain in Argentina and to customs policy from the US government. Both factors weakened the soybean market.

- Date: 2018-03-21 · published 2018-03-21T12:00:00.000Z
- Category: weather · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/10381-soy-fronterate-drops-to-eur-308-07-t-rain-in
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Rain in Argentina eases fears of a dry-weather supply cut, and US trade policy adds pressure on export demand, so soybean and meal prices face downside pressure.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-04-30 | [Rains in the southern U.S. lead to mild drought improvement - Pro Farmer](https://feedsoft.ai/events/13001-rains-in-the-southern-u-s-lead-to-mild-drought-improvement-pro-farmer.md) | -0.3% | +1.0% |
| SOY | 2024-07-31 | [Soy tumbles to 2020 lows as rains seen aiding US crops](https://feedsoft.ai/events/29282-soy-tumbles-to-2020-lows-as-rains-seen-aiding-us-crops.md) | +0.1% | -5.8% |
| SOY | 2026-02-20 | [Rainfall Prevents Drop in Soybean Productivity in Argentina](https://feedsoft.ai/events/13807-rainfall-prevents-drop-in-soybean-productivity-in-argentina.md) | +0.6% | +2.4% |
| SOY | 2017-03-22 | [Brazil new soy frontier Matopiba contributing to record crop](https://feedsoft.ai/events/71826-brazil-new-soy-frontier-matopiba-contributing-to-record-crop.md) | -2.9% | -5.1% |
| SOY | 2017-06-12 | [GRAIN MARKETS: Crops tumble as rain moves in](https://feedsoft.ai/events/70423-grain-markets-crops-tumble-as-rain-moves-in.md) | -0.3% | +8.4% |
| SBM | 2026-02-20 | [Rainfall Prevents Drop in Soybean Productivity in Argentina](https://feedsoft.ai/events/13807-rainfall-prevents-drop-in-soybean-productivity-in-argentina.md) | +5.3% | +9.4% |
| SBM | 2017-03-22 | [Brazil new soy frontier Matopiba contributing to record crop](https://feedsoft.ai/events/71826-brazil-new-soy-frontier-matopiba-contributing-to-record-crop.md) | -3.2% | -4.6% |
| SBM | 2019-12-19 | [U.S. grains: Soy futures ease on rains in South American forecasts - Grainews](https://feedsoft.ai/events/55628-u-s-grains-soy-futures-ease-on-rains-in-south-american-forecasts-grainews.md) | -1.1% | -0.8% |

## Sources

- zmp.de: https://www.zmp.de/en/futures/oilseeds/news/press-review-soy-fronterate-drops-eur-30807-t-rain-argentina-and-customs

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