
Argentina completed its 2024/25 soybean harvest at 50.3 million tonnes, up 100,000 tonnes from the prior season, according to the Buenos Aires Grains Exchange. Corn harvest was 61.7% complete with output expected at 49 million tonnes, and 78.2% of the planned 2025/26 wheat area had been planted amid cold weather.
Near-final Argentine soy and corn output confirms large export supplies for soymeal and soyoil, which weighs on global prices. Cold weather benefiting the wheat crop supports a normal development outlook for the 2025/26 crop.
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.
After 146 past bearish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +1.9%), and +0.4% over 20.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% 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.