# Argentina soy sell-off continues, but sales expected to slow - DatamarNews

> Argentine farmers sold 61.8% of the 2021/22 soybean harvest by mid-September, moving 2.3 million tonnes in the week to September 14. Sales rose after a more favorable exchange rate was introduced on September 5, and the central bank then tightened FX access for those sales.

- Date: 2022-09-22 · published 2022-09-22T12:00:00.000Z
- Category: policy · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/14010-argentina-soy-sell-off-continues-but-sales-expected-to-slow-datamarnews
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Heavy farmer selling adds to near-term export supply of soybeans and products, pressuring prices, while the tighter FX access is expected to slow sales and ease that pressure.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-09-05 | [Argentina authorizes exporters to utilize 25% of dollar earnings for soy purchases - DatamarNews](https://feedsoft.ai/events/13953-argentina-authorizes-exporters-to-utilize-25-of-dollar-earnings-for-soy.md) | -0.3% | -5.8% |
| SOY | 2021-09-29 | [Argentina may change tax structure on grain exports - DatamarNews](https://feedsoft.ai/events/44930-argentina-may-change-tax-structure-on-grain-exports-datamarnews.md) | -2.1% | -3.1% |
| SOY | 2017-10-13 | [AgroPages-Record Soy carryover in Argentina expected to pressure prices-Agricultural news](https://feedsoft.ai/events/68306-agropages-record-soy-carryover-in-argentina-expected-to-pressure-prices.md) | -0.6% | -1.7% |
| SOY | 2022-12-01 | [Soy stumbles on Argentine selling, soyoil selloff – The Seam](https://feedsoft.ai/events/9753-soy-stumbles-on-argentine-selling-soyoil-selloff-the-seam.md) | +0.2% | +2.7% |
| SOY | 2025-07-30 | [Argentina to resume soybean exports after official tax cut – CIARA-CEC](https://feedsoft.ai/events/13845-argentina-to-resume-soybean-exports-after-official-tax-cut-ciara-cec.md) | -1.3% | +4.8% |
| SBM | 2023-09-05 | [Argentina authorizes exporters to utilize 25% of dollar earnings for soy purchases - DatamarNews](https://feedsoft.ai/events/13953-argentina-authorizes-exporters-to-utilize-25-of-dollar-earnings-for-soy.md) | -0.0% | -9.7% |
| SBM | 2017-10-13 | [AgroPages-Record Soy carryover in Argentina expected to pressure prices-Agricultural news](https://feedsoft.ai/events/68306-agropages-record-soy-carryover-in-argentina-expected-to-pressure-prices.md) | -0.4% | -3.4% |
| SBM | 2022-07-27 | [Oilseed consultant suggests Argentina in a tough spot as soy exporter - Brownfield Ag News](https://feedsoft.ai/events/14020-oilseed-consultant-suggests-argentina-in-a-tough-spot-as-soy-exporter.md) | +3.1% | -0.7% |

## Sources

- datamarnews.com: https://datamarnews.com/noticias/argentina-soy-sell-off-continues-but-sales-expected-to-slow/

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