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Severe flooding in northern Buenos Aires province, with rainfall of 150 to 250 mm and over 260 mm in some areas, has delayed the 2024/25 soybean harvest. About 730,000 hectares remain unharvested, and the Buenos Aires Grains Exchange warned of possible permanent crop damage.
Flood damage and harvest delays raise the risk of soybean supply losses, which supports soybean and meal prices.
tridge.comMzingaye NdubiwaMay 23, 2025After 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.
