# Argentine farmers eye pivot to soy on corn plague fears, rain outlook

> Argentine farmers are expected to plant more soybeans in the 2024/25 season and reduce corn area. The shift follows a severe insect plague that hit the last corn harvest, and rain forecasts are improving for soy.

- Date: 2024-08-27 · published 2024-08-27T12:00:00.000Z
- Category: disease · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/13908-argentine-farmers-eye-pivot-to-soy-on-corn-plague-fears-rain-outlook
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Less corn area tightens Argentine corn supply, while more soybean planting adds future soy supply and pressures soy prices.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-02-03 | [FEATURE-Swine fever outbreak may bury China's small pig farmers](https://feedsoft.ai/events/60583-feature-swine-fever-outbreak-may-bury-china-s-small-pig-farmers.md) | -1.0% | -0.8% |
| CORN | 2019-10-17 | [Vietnam says African swine fever outbreak slows, urges farmers to rebuild herds](https://feedsoft.ai/events/56451-vietnam-says-african-swine-fever-outbreak-slows-urges-farmers-to-rebuild-herds.md) | -1.0% | -2.0% |
| CORN | 2019-09-08 | [One year on, close to 5 million pigs lost to Asia’s swine fever outbreak](https://feedsoft.ai/events/56950-one-year-on-close-to-5-million-pigs-lost-to-asia-s-swine-fever-outbreak.md) | -0.9% | +3.4% |
| CORN | 2026-10-07 | [Rain-soaked harvest raises quality red flags: What it means for yields and basis in the western Corn Belt - Pro Farmer](https://feedsoft.ai/events/12956-rain-soaked-harvest-raises-quality-red-flags-what-it-means-for-yields-and-basis.md) | -3.0% | -6.6% |
| CORN | 2022-11-11 | [Egg prices soar as farmers battle inflation, avian flu](https://feedsoft.ai/events/38685-egg-prices-soar-as-farmers-battle-inflation-avian-flu.md) | +3.0% | -3.8% |
| SOY | 2019-01-17 | [China soybean imports show US farmers have more to fear than trade war](https://feedsoft.ai/events/60960-china-soybean-imports-show-us-farmers-have-more-to-fear-than-trade-war.md) | +2.4% | +1.0% |
| SOY | 2020-02-28 | [China's soy complex demand likely to fall in H1 2020 on coronavirus outbreak: Rabobank \| S&P Global](https://feedsoft.ai/events/10636-china-s-soy-complex-demand-likely-to-fall-in-h1-2020-on-coronavirus-outbreak.md) | +0.3% | -0.7% |
| SOY | 2019-03-12 | [Swine fever hurts China soybean demand, raises doubts on trade promises](https://feedsoft.ai/events/60092-swine-fever-hurts-china-soybean-demand-raises-doubts-on-trade-promises.md) | +3.2% | +2.4% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/argentine-farmers-eye-pivot-soy-corn-plague-fears-rain-outlook-2024-08-27/

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