# Grains Production Estimates Slashed as Impact of La Niña Shows | CZ app

> Analysts report that major agencies, including USDA, Conab and BAGE, cut South American soybean and corn production estimates in the past week. Argentina's BAGE cut its corn forecast to 51 million tonnes, and the February WASDE lowered soybean stocks by 25 million bushels.

- Date: 2022-02-16 · published 2022-02-16T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/42622-grains-production-estimates-slashed-as-impact-of-la-nina-shows-cz-app
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower South American crops tighten global corn and soybean supplies and support prices, which raises feed ingredient costs for buyers. Upward revisions to forecasts are possible if dryness persists.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-10-26 | [Grains: Risk of a La Niña \| CZ app](https://feedsoft.ai/events/44484-grains-risk-of-a-la-nina-cz-app.md) | +8.0% | +9.6% |
| CORN | 2020-11-30 | [Will La Niña Impact South America's Grains Crops? \| CZ app](https://feedsoft.ai/events/50005-will-la-nina-impact-south-america-s-grains-crops-cz-app.md) | -1.5% | -1.0% |
| CORN | 2024-07-18 | [Possible La Niña Concerns Grains Producers in Brazil \| CZ app](https://feedsoft.ai/events/29170-possible-la-nina-concerns-grains-producers-in-brazil-cz-app.md) | +2.4% | -0.9% |
| CORN | 2022-10-21 | [How might La Niña impact 2022/23 Argentinian maize production? Grain market daily \| AHDB](https://feedsoft.ai/events/39026-how-might-la-nina-impact-2022-23-argentinian-maize-production-grain-market.md) | -0.9% | -1.4% |
| CORN | 2021-09-25 | [Grain Traders Keep an Eye on La Nina’s Impact on Global Production \| Red River Farm Network](https://feedsoft.ai/events/44993-grain-traders-keep-an-eye-on-la-nina-s-impact-on-global-production-red-river.md) | +1.5% | +1.7% |
| SOY | 2021-10-26 | [Grains: Risk of a La Niña \| CZ app](https://feedsoft.ai/events/44484-grains-risk-of-a-la-nina-cz-app.md) | -0.0% | +3.0% |
| SOY | 2020-11-30 | [Will La Niña Impact South America's Grains Crops? \| CZ app](https://feedsoft.ai/events/50005-will-la-nina-impact-south-america-s-grains-crops-cz-app.md) | -2.4% | +5.3% |
| SOY | 2024-07-18 | [Possible La Niña Concerns Grains Producers in Brazil \| CZ app](https://feedsoft.ai/events/29170-possible-la-nina-concerns-grains-producers-in-brazil-cz-app.md) | +1.3% | -10.7% |

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/grains-production-estimates-slashed-as-impact-of-la-nina-shows/

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