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The USDA FAS forecast Argentina's 2024-25 soybean crop at 49 million tonnes, matching the prior season, despite drought and heat that caused yield losses of up to 90% for second-crop soybeans in parts of Buenos Aires province. Crop condition ratings improved after early February rains, and the Rosario exchange said damage had plateaued.
A stable crop forecast and a 42 million tonne crush outlook point to steady Argentine meal exports of about 29 million tonnes, limiting upside in soymeal prices.
bricsgrain.comadmin https://www.bricsgrain.comApr 26, 2025After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% over 20.
After 114 past neutral report events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.7% to +1.4%), 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.
