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Forecasts call for little to no rain over most of Argentina, which would ease the wet conditions that delayed the soybean harvest. The exchange pegs 2024/25 soy output at 50 million tons.
Drier weather lowers the risk of crop disease and pod shatter losses, reducing upside pressure on soybean prices.
reuters.comMay 21, 2025After 363 past bearish weather events, Soybeans moved a median -0.6% over 5 sessions (42% higher; middle half -2.5% to +1.1%), and -0.2% over 20.
After 118 past bearish weather events, Soybean Meal moved a median -0.8% over 5 sessions (35% higher; middle half -3.2% to +0.4%), and -1.6% 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.
