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Argentina's 2024/25 soybean harvest, estimated at 48.6 million tons, was running 4 percentage points behind the five-year average harvesting pace as of the Buenos Aires grains exchange report. Soybean sales were the slowest in 10 years, with only about 20% of the estimated crop sold as of April 2.
Slow farmer selling and delayed harvest keep Argentine soybean and meal supplies tight in the near term, supporting export-origin basis and offshore prices for soymeal.
reuters.comMaximilian HeathApr 11, 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.
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.
