# South American bean production and balance sheets - Iowa Agribusiness Radio Network

> USDA's February WASDE made one of its biggest changes to Argentina's soybean crop, while leaving Brazil's record crop forecast unchanged. The domestic season-average soybean price forecast was cut by 10 cents to $10.10 per bushel, reflecting larger foreign supplies.

- Date: 2025-02-13 · published 2025-02-13T12:00:00.000Z
- Category: report · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/26099-south-american-bean-production-and-balance-sheets-iowa-agribusiness-radio
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower Argentine output would tighten supply, but the record Brazilian crop and higher foreign supplies weigh on the US price outlook.

## Read by commodity

- SBM: neutral
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-05-12 | [May WASDE: ?Relatively in line with expectations? \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/53060-may-wasde-relatively-in-line-with-expectations-iowa-agribusiness-radio-network.md) | -0.9% | +1.3% |
| SOY | 2021-03-09 | [USDA releases ?neutral? WASDE Report \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/48072-usda-releases-neutral-wasde-report-iowa-agribusiness-radio-network.md) | -1.3% | -1.3% |
| SOY | 2020-04-09 | [April WASDE contained ?friendly? and ?negative? components \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/53603-april-wasde-contained-friendly-and-negative-components-iowa-agribusiness-radio.md) | -2.1% | -1.5% |
| SOY | 2021-08-12 | [Markets higher after ?exciting? WASDE Report \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/45503-markets-higher-after-exciting-wasde-report-iowa-agribusiness-radio-network.md) | -3.4% | -10.4% |
| SOY | 2018-12-11 | [WASDE Report uneventful. Watch your soybean futures closely \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/61512-wasde-report-uneventful-watch-your-soybean-futures-closely-iowa-agribusiness.md) | -0.5% | +0.2% |
| SBM | 2017-04-14 | [New: Protein balance sheet EU - Food & Agribusiness](https://feedsoft.ai/events/71616-new-protein-balance-sheet-eu-food-and-agribusiness.md) | -2.5% | -2.5% |
| SBM | 2024-11-15 | [Strong Peruvian anchovy season boosts this year’s fishmeal production - Food & Agribusiness](https://feedsoft.ai/events/27313-strong-peruvian-anchovy-season-boosts-this-year-s-fishmeal-production-food-and.md) | -0.5% | -2.2% |
| SBM | 2026-07-08 | [Attachés offer South American soybean forecasts \| The Western Producer](https://feedsoft.ai/events/13789-attaches-offer-south-american-soybean-forecasts-the-western-producer.md) | +0.3% | -1.5% |

## Sources

- iowaagribusinessradionetwork.com: https://iowaagribusinessradionetwork.com/south-american-bean-production-and-balance-sheets/

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