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Argentina's drought continued, causing corn and soybean losses, with some Cordoba corn farmers estimating losses of 10-20%. The Rosario Board of Trade said the core agricultural area faces losses of more than 500,000 tonnes of soybeans, and the Buenos Aires Grain Exchange trimmed its corn forecast by 1 million tonnes to 57 million tonnes.
Losses in Argentina's core soybean and corn region cut export supply from a leading exporter. That supports soybean, meal and corn prices.
argusmedia.comJeffrey T. LewisFeb 13, 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 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
After 453 past bullish weather events, Soybean Meal moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% 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.
