USDA FAS attaché report projects Argentina's MY2026/27 soybean production at 49 MMT on slightly higher area with yields normalizing, and crush easing to 42 MMT. Soymeal output is forecast at 31.9 MMT and soybean exports at 30 MMT.
Sunflower area is seen rising about 14 percent to 3.3 million hectares.
Projected stable-to-larger Argentine soy and sunflower supplies, with strong exports, add to global meal and oil availability and weigh modestly on meal and oil prices.
After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.