# Agriculture Weather Watch: No Respite For Argentinian Wheat Despite Rain Forecast 27.09.2022 - UkrAgroConsult

> S&P Global Platts reports that severe dryness and frost have badly damaged Argentina's wheat crop, which may be one of the worst in recent years, and rain forecasts offer only limited relief. US crop condition ratings show 55% of soybeans and 52% of corn in good to excellent condition, both below last year. Platts also reports FOB PNW corn rising 5.5% month on month.

- Date: 2022-09-27 · published 2022-09-27T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/39523-agriculture-weather-watch-no-respite-for-argentinian-wheat-despite-rain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A poor Argentine wheat crop reduces supply to buyers in Africa and Asia at a time of tight global wheat, supporting prices. Weaker US crop ratings also add to corn and soybean upside risk.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-07-19 | [After a 5-day fall, wheat prices rose on forecasts of heat in the US and the EU 19.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/40526-after-a-5-day-fall-wheat-prices-rose-on-forecasts-of-heat-in-the-us-and-the-eu.md) | -11.3% | -0.2% |
| WHEAT | 2022-09-19 | [La Nina Weakening for South America 19.09.2022 - UkrAgroConsult](https://feedsoft.ai/events/13703-la-nina-weakening-for-south-america-19-09-2022-ukragroconsult.md) | +4.9% | -9.7% |
| WHEAT | 2023-05-10 | [Argentina's agriculture to recover slowly despite El Niño -grains exchange](https://feedsoft.ai/events/13967-argentina-s-agriculture-to-recover-slowly-despite-el-nino-grains-exchange.md) | -0.6% | -7.3% |
| WHEAT | 2021-11-01 | [CBOT agricultural futures go higher on strong demand 01.11.2021 - UkrAgroConsult](https://feedsoft.ai/events/7313-cbot-agricultural-futures-go-higher-on-strong-demand-01-11-2021-ukragroconsult.md) | +9.3% | +8.1% |
| WHEAT | 2022-11-01 | [Markets in tizzy as wet weather threatens Australian milling wheat prospects 01.11.2022 - UkrAgroConsult](https://feedsoft.ai/events/38638-markets-in-tizzy-as-wet-weather-threatens-australian-milling-wheat-prospects-01.md) | +7.3% | +7.7% |
| CORN | 2022-09-19 | [La Nina Weakening for South America 19.09.2022 - UkrAgroConsult](https://feedsoft.ai/events/13703-la-nina-weakening-for-south-america-19-09-2022-ukragroconsult.md) | +0.0% | +0.2% |
| CORN | 2022-09-23 | [Wet Weather Slows First Corn Planting in Parana, Brazil 23.09.2022 - UkrAgroConsult](https://feedsoft.ai/events/13702-wet-weather-slows-first-corn-planting-in-parana-brazil-23-09-2022-ukragroconsult.md) | -3.1% | +1.5% |
| CORN | 2021-11-22 | [Forecasted Dryer Weather Could Impact Crops in Southern Brazil 22.11.2021 - UkrAgroConsult](https://feedsoft.ai/events/13765-forecasted-dryer-weather-could-impact-crops-in-southern-brazil-22-11-2021.md) | -1.8% | -0.1% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/agriculture-weather-watch-no-respite-for-argentinian-wheat-despite-rain-forecast/

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