# Argentina soy crop sees upswing but challenges ahead | World Grain

> A USDA FAS report projects Argentina's 2024-25 soybean output at 52 million tonnes, up from 49.5 million last harvest, with crush expected to rise slightly to 42 million tonnes. Farmers are shifting acreage from corn to soy due to corn stunt concerns, low prices and lower soy production costs. Dry conditions, high temperatures and a shortage of high-grade seed could hold yields below potential.

- Date: 2024-11-04 · published 2024-11-04T12:00:00.000Z
- Category: report · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/13891-argentina-soy-crop-sees-upswing-but-challenges-ahead-world-grain
- 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 larger Argentine soybean crop adds export supply for soybeans, meal and oil, which is mildly bearish for soy complex prices, while weather and seed risks could offset that. Shifts away from corn may tighten corn supply later in the cycle.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-03-17 | [Argentina’s soybean crop stabilizes \| World Grain](https://feedsoft.ai/events/13876-argentina-s-soybean-crop-stabilizes-world-grain.md) | +1.1% | +4.4% |
| SOY | 2024-01-15 | [Bumper soybean crop expected in Argentina \| World Grain](https://feedsoft.ai/events/13942-bumper-soybean-crop-expected-in-argentina-world-grain.md) | +1.5% | -1.1% |
| SOY | 2022-04-29 | [Soybean, sunflower production growing in Argentina \| World Grain](https://feedsoft.ai/events/14039-soybean-sunflower-production-growing-in-argentina-world-grain.md) | -1.6% | +1.2% |
| SOY | 2026-06-11 | [Argentina grain exchange raises soybean crop forecast as harvest progresses](https://feedsoft.ai/events/13793-argentina-grain-exchange-raises-soybean-crop-forecast-as-harvest-progresses.md) | +0.8% | +6.5% |
| SOY | 2019-10-08 | [Argentina soybean exports revised downward \| 2019-10-08  \| World Grain](https://feedsoft.ai/events/56411-argentina-soybean-exports-revised-downward-2019-10-08-world-grain.md) | +2.8% | +1.1% |
| SBM | 2024-01-15 | [Bumper soybean crop expected in Argentina \| World Grain](https://feedsoft.ai/events/13942-bumper-soybean-crop-expected-in-argentina-world-grain.md) | +1.1% | -1.2% |
| SBM | 2022-04-29 | [Soybean, sunflower production growing in Argentina \| World Grain](https://feedsoft.ai/events/14039-soybean-sunflower-production-growing-in-argentina-world-grain.md) | -3.3% | -3.4% |
| SBM | 2026-06-11 | [Argentina grain exchange raises soybean crop forecast as harvest progresses](https://feedsoft.ai/events/13793-argentina-grain-exchange-raises-soybean-crop-forecast-as-harvest-progresses.md) | +0.1% | +4.5% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/20668-argentina-soy-crop-sees-upswing-but-challenges-ahead

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