# Argentina Grains Exchange Cuts Soybean Forecast by a Million Tons

> The Buenos Aires Grains Exchange cut its 2024/25 Argentine soybean crop forecast by one million tons to 48.6 million tons. Drought reduced yields in the northeast, and the exchange cut its corn yield estimate by 40%, though it held its corn output forecast at 49 million tons after a planted-area adjustment.

- Date: 2025-03-21 · published 2025-03-21T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/13870-argentina-grains-exchange-cuts-soybean-forecast-by-a-million-tons
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A smaller Argentine soybean crop reduces export supply of soybeans, meal and oil, supporting world prices. Lower corn yields also tighten exportable corn supply from the third-largest exporter.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-01-31 | [Argentina's Soybean Harvest Forecast for 2025/26: 48M Tons](https://feedsoft.ai/events/13816-argentina-s-soybean-harvest-forecast-for-2025-26-48m-tons.md) | +4.8% | +8.1% |
| SOY | 2021-12-14 | [Argentina exchange says dry summer poses 'big challenge' for soybeans, corn](https://feedsoft.ai/events/14063-argentina-exchange-says-dry-summer-poses-big-challenge-for-soybeans-corn.md) | +3.9% | +10.7% |
| SOY | 2023-02-17 | [Another cut expected for Argentina soy production \| World Grain](https://feedsoft.ai/events/13982-another-cut-expected-for-argentina-soy-production-world-grain.md) | +0.2% | -3.3% |
| SOY | 2023-03-08 | [USDA slashes Argentina corn, soybean production forecasts \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/36819-usda-slashes-argentina-corn-soybean-production-forecasts-agri-pulse.md) | -1.7% | -0.5% |
| SOY | 2023-05-10 | [Argentina's agriculture to recover slowly despite El Niño -grains exchange](https://feedsoft.ai/events/13967-argentina-s-agriculture-to-recover-slowly-despite-el-nino-grains-exchange.md) | -6.0% | -6.3% |
| SBM | 2026-01-31 | [Argentina's Soybean Harvest Forecast for 2025/26: 48M Tons](https://feedsoft.ai/events/13816-argentina-s-soybean-harvest-forecast-for-2025-26-48m-tons.md) | +2.7% | +9.0% |
| SBM | 2021-12-14 | [Argentina exchange says dry summer poses 'big challenge' for soybeans, corn](https://feedsoft.ai/events/14063-argentina-exchange-says-dry-summer-poses-big-challenge-for-soybeans-corn.md) | +0.5% | +11.7% |
| SBM | 2023-02-17 | [Another cut expected for Argentina soy production \| World Grain](https://feedsoft.ai/events/13982-another-cut-expected-for-argentina-soy-production-world-grain.md) | +0.0% | -3.7% |

## Sources

- agriculture.com: https://www.agriculture.com/argentina-grains-exchange-cuts-soybean-forecast-by-a-million-tons-11700991

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.