# Argentine farmers swap cereal crops for soyabeans in bid to counter…

> A USDA GAIN report says Argentine farmers are shifting from cereals to soybeans because of high fertilizer prices. Soybean planted area is forecast to rise 4% to 17 million hectares, producing 51 million tonnes in 2022/23, while corn area is expected to fall.

- Date: 2022-05-13 · published 2022-05-13T12:00:00.000Z
- Category: report · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/14034-argentine-farmers-swap-cereal-crops-for-soyabeans-in-bid-to-counter
- 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

Larger expected soybean output and crush point to more soymeal and oil supply, which is bearish for soybeans. Lower corn acreage reduces corn export availability, which supports corn prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-04-26 | [Argentine corn sowings to fall for first time in 9 years, as farmers switch to soy - Grain Price News](https://feedsoft.ai/events/14041-argentine-corn-sowings-to-fall-for-first-time-in-9-years-as-farmers-switch-to.md) | -1.7% | -1.0% |
| SOY | 2026-09-30 | [BAGE forecasts Argentina’s soybean crop at 53.6 mln tons](https://feedsoft.ai/events/13774-bage-forecasts-argentina-s-soybean-crop-at-53-6-mln-tons.md) | +0.4% | -5.3% |
| 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 | 2016-12-22 | [Brazilian Crops Enter 2017 With Great Potential, Farmers Say](https://feedsoft.ai/events/73324-brazilian-crops-enter-2017-with-great-potential-farmers-say.md) | -0.3% | +5.1% |
| SOY | 2021-02-19 | [Outlook Forecasts Larger Corn, Soybean Crops for 2021](https://feedsoft.ai/events/48482-outlook-forecasts-larger-corn-soybean-crops-for-2021.md) | +2.3% | +1.3% |
| SBM | 2026-09-30 | [BAGE forecasts Argentina’s soybean crop at 53.6 mln tons](https://feedsoft.ai/events/13774-bage-forecasts-argentina-s-soybean-crop-at-53-6-mln-tons.md) | -1.3% | -3.9% |
| 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 | 2016-12-22 | [Brazilian Crops Enter 2017 With Great Potential, Farmers Say](https://feedsoft.ai/events/73324-brazilian-crops-enter-2017-with-great-potential-farmers-say.md) | +1.7% | +11.0% |

## Sources

- ofimagazine.com: https://www.ofimagazine.com/news/argentine-farmers-swap-cereal-crops-for-soyabeans-in-bid-to-counter-rising-fertiliser-prices

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