# Argentina's 2022-23 production and export revenue to fall - Fastmarkets

> The Buenos Aires grains exchange said drought has cut Argentina's main growing areas, with 900,000 hectares of soybeans and corn unplanted. Wheat yield is projected 34% lower, and export dollars could fall 23% this campaign.

- Date: 2023-02-15 · published 2023-02-15T12:00:00.000Z
- Category: weather · region Argentina · magnitude high
- Page: https://feedsoft.ai/events/13984-argentina-s-2022-23-production-and-export-revenue-to-fall-fastmarkets
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Sharp declines in Argentine wheat, corn and soybean output remove exportable supply from world markets, which supports prices for these grains.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-01-05 | [Corn 2021 review, highlights and what to expect for 2022 - Fastmarkets](https://feedsoft.ai/events/43042-corn-2021-review-highlights-and-what-to-expect-for-2022-fastmarkets.md) | +1.5% | +4.5% |
| CORN | 2020-12-08 | [ANALYSIS: Ukraine's terminals compete as grain exports fall short - Fastmarkets](https://feedsoft.ai/events/49506-analysis-ukraine-s-terminals-compete-as-grain-exports-fall-short-fastmarkets.md) | +0.1% | +9.5% |
| CORN | 2025-08-22 | [What are the prospects for grain production in Argentina?](https://feedsoft.ai/events/13838-what-are-the-prospects-for-grain-production-in-argentina.md) | -0.6% | +7.6% |
| CORN | 2022-10-21 | [How might La Niña impact 2022/23 Argentinian maize production? Grain market daily \| AHDB](https://feedsoft.ai/events/39026-how-might-la-nina-impact-2022-23-argentinian-maize-production-grain-market.md) | -0.9% | -1.4% |
| CORN | 2017-06-26 | [China's Production and Stocks Could Continue Lower](https://feedsoft.ai/events/70355-china-s-production-and-stocks-could-continue-lower.md) | +3.2% | +4.3% |
| SOY | 2022-01-05 | [Corn 2021 review, highlights and what to expect for 2022 - Fastmarkets](https://feedsoft.ai/events/43042-corn-2021-review-highlights-and-what-to-expect-for-2022-fastmarkets.md) | -0.1% | +12.1% |
| SOY | 2018-01-22 | [The price of soybean meal is increasing due to the reduction in exports from Argentina](https://feedsoft.ai/events/12098-the-price-of-soybean-meal-is-increasing-due-to-the-reduction-in-exports-from.md) | +0.8% | +4.5% |
| 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% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/argentinas-2023-production-export-revenue-to-fall/

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