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Argentina's soybean planting was 96.2% complete, with delays in northern regions due to excess moisture. Dryness is intensifying in central and eastern areas, and soybean good-to-excellent ratings fell 8 points to 53%.
The harvest forecast has been reduced to 48 million tonnes.
A cut in the Argentine soybean crop forecast tightens global supply of soybeans, meal and oil, supporting prices for these products.
agroreview.comЛисенко МаріяJan 31, 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 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.
After 184 past bullish weather events, Soybean Oil moved a median +0.3% over 5 sessions (53% higher; middle half -1.9% to +2.4%), 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.
