Loading…
Argentina's soybean outlook stabilized after February rains reversed drought damage, with Rosario exchange BCR raising its harvest forecast to 48 million tons. USDA keeps the same 48 million-ton figure, and futures rose 4-7 cents while corn fell 5-7 cents.
The rain-driven recovery reduces the near-term risk of a South American soybean shortfall, supporting soybeans relative to corn. Uncertainty over the next rainfall window still leaves room for price swings in meal and corn.
ainvest.comShunan LiuMar 11, 2026After 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.
After 357 past bearish weather events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.3%), and -0.5% over 20.
After 55 past neutral weather events, Soybean Meal moved a median -0.1% over 5 sessions (47% higher; middle half -1.7% to +1.5%), and +0.1% 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.
