# La Nina could thwart Argentina's run at bumper crops  | Reuters

> Argentina is the top exporter of soybean products and a key corn supplier, but soybean and corn yields have been below average for at least four years, largely due to repeated La Niña events. La Niña conditions threaten another poor harvest.

- Date: 2024-12-04 · published 2024-12-04T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/13888-la-nina-could-thwart-argentina-s-run-at-bumper-crops-reuters
- 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

Repeated yield shortfalls in Argentina reduce export availability of soybean meal, oil and corn, which supports global prices for these commodities.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-01-04 | [Argentina's soy, corn may hinge on La Nina's exit after dry 2022 \| Reuters](https://feedsoft.ai/events/13988-argentina-s-soy-corn-may-hinge-on-la-nina-s-exit-after-dry-2022-reuters.md) | +1.5% | +2.2% |
| SOY | 2018-01-24 | [Strengthening La Nina May Stress Argentina Crops](https://feedsoft.ai/events/66925-strengthening-la-nina-may-stress-argentina-crops.md) | +1.4% | +4.9% |
| SOY | 2021-02-01 | [La Nina Lowers Argentina's Yields](https://feedsoft.ai/events/48535-la-nina-lowers-argentina-s-yields.md) | -0.2% | +1.6% |
| SOY | 2022-01-06 | [Heatwave to hit Argentina, further stressing corn, soybean crops \| Reuters](https://feedsoft.ai/events/14062-heatwave-to-hit-argentina-further-stressing-corn-soybean-crops-reuters.md) | +0.5% | +11.6% |
| SOY | 2021-08-26 | [Column: La Nina's return could threaten South American crops, again](https://feedsoft.ai/events/45427-column-la-nina-s-return-could-threaten-south-american-crops-again.md) | -5.1% | -4.6% |
| SBM | 2023-01-04 | [Argentina's soy, corn may hinge on La Nina's exit after dry 2022 \| Reuters](https://feedsoft.ai/events/13988-argentina-s-soy-corn-may-hinge-on-la-nina-s-exit-after-dry-2022-reuters.md) | +4.1% | +1.0% |
| SBM | 2018-01-24 | [Strengthening La Nina May Stress Argentina Crops](https://feedsoft.ai/events/66925-strengthening-la-nina-may-stress-argentina-crops.md) | +0.3% | +11.3% |
| SBM | 2021-02-01 | [La Nina Lowers Argentina's Yields](https://feedsoft.ai/events/48535-la-nina-lowers-argentina-s-yields.md) | +0.5% | -1.4% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/la-nina-could-thwart-argentinas-run-bumper-crops-2024-12-04/

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