# La Nina Is Set to Deliver Drought to Argentina’s Soybean Crop - AgriBusiness Global

> Bloomberg reports that La Niña is set to bring little rain to Argentina's Pampas growing region in January and February. The Buenos Aires Grain Exchange climatologist expects March to be wetter but with pockets of drought remaining.

- Date: 2021-12-03 · published 2021-12-03T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/14064-la-nina-is-set-to-deliver-drought-to-argentina-s-soybean-crop-agribusiness
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Dry weather during pod-setting and grain fill threatens Argentine soybean and corn yields, tightening export supplies of soymeal, soyoil and corn. That supports prices for feed ingredients.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-11-29 | [La Nina Is Set to Deliver Drought to Argentina’s Soybean Crop - Bloomberg](https://feedsoft.ai/events/14070-la-nina-is-set-to-deliver-drought-to-argentina-s-soybean-crop-bloomberg.md) | +1.2% | +8.8% |
| SOY | 2023-04-24 | [Argentina Soybean Crop Smallest in 25 Years Due to Historic Drought - AgWeb](https://feedsoft.ai/events/13969-argentina-soybean-crop-smallest-in-25-years-due-to-historic-drought-agweb.md) | -2.6% | -11.9% |
| SOY | 2023-01-02 | [Soybeans set to gain for 4th year amid Argentina drought, China demand](https://feedsoft.ai/events/8620-soybeans-set-to-gain-for-4th-year-amid-argentina-drought-china-demand.md) | -1.0% | +1.2% |
| SOY | 2024-12-31 | [Drought is a problem for soybeans in Argentina - Grains & Commodity Analysis \| Boerenbusiness. Nl](https://feedsoft.ai/events/13887-drought-is-a-problem-for-soybeans-in-argentina-grains-and-commodity-analysis.md) | +1.0% | +8.0% |
| SOY | 2022-12-30 | [Soybeans set to gain for 4th year amid Argentina drought, China demand \| Financial Post](https://feedsoft.ai/events/38279-soybeans-set-to-gain-for-4th-year-amid-argentina-drought-china-demand-financial.md) | -0.5% | +1.8% |
| CORN | 2021-11-29 | [La Nina Is Set to Deliver Drought to Argentina’s Soybean Crop - Bloomberg](https://feedsoft.ai/events/14070-la-nina-is-set-to-deliver-drought-to-argentina-s-soybean-crop-bloomberg.md) | -3.0% | +0.6% |
| CORN | 2023-04-24 | [Argentina Soybean Crop Smallest in 25 Years Due to Historic Drought - AgWeb](https://feedsoft.ai/events/13969-argentina-soybean-crop-smallest-in-25-years-due-to-historic-drought-agweb.md) | -0.7% | -9.9% |
| CORN | 2022-12-30 | [Soybeans set to gain for 4th year amid Argentina drought, China demand \| Financial Post](https://feedsoft.ai/events/38279-soybeans-set-to-gain-for-4th-year-amid-argentina-drought-china-demand-financial.md) | -2.1% | -0.5% |

## Sources

- agribusinessglobal.com: https://www.agribusinessglobal.com/markets/la-nina-is-set-to-deliver-drought-to-argentinas-soybean-crop/

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