# Argentina rains cap crop losses from drought, weather experts say - Agweek | #1 source for agriculture news, farming, markets

> Rains arriving in Argentina this week are expected to halt further damage to soy and corn from a drought since December. The Rosario exchange had cut its corn and soy harvest forecasts before the rains. Weather experts say some irreversible losses have already occurred.

- Date: 2022-01-20 · published 2022-01-20T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/43039-argentina-rains-cap-crop-losses-from-drought-weather-experts-say-agweek-1
- 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

Argentine export supply of soymeal and corn is reduced, but improving weather lowers the risk of further cuts. Prices may ease from recent highs as the threat stabilizes.

## Read by commodity

- SBM: neutral
- SOY: neutral
- CORN: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBM | 2022-01-21 | 5 | -9.7% | -3.5 | Argentine rains expected to halt further crop damage reduced supply-shortfall fears and weighed on prices. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-02-23 | [Markets aren't concerned about weather — yet - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/31592-markets-aren-t-concerned-about-weather-yet-agweek-1-source-for-agriculture-news.md) | -1.7% | +5.6% |
| SOY | 2026-09-25 | [Summer is over, but the weather market isn't - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/12962-summer-is-over-but-the-weather-market-isn-t-agweek-1-source-for-agriculture.md) | -2.5% | -4.9% |
| SOY | 2022-07-15 | [Weather and recession fears trump USDA report - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/5593-weather-and-recession-fears-trump-usda-report-agweek-1-source-for-agriculture.md) | -11.9% | +6.2% |
| SOY | 2024-12-12 | [Disappointing crop profitability in 2024 - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/13127-disappointing-crop-profitability-in-2024-agweek-1-source-for-agriculture-news.md) | -4.4% | +1.8% |
| SOY | 2024-12-09 | [Weather made for a challenging year for corn and soybean farmers - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/13131-weather-made-for-a-challenging-year-for-corn-and-soybean-farmers-agweek-1.md) | -0.6% | -0.2% |
| CORN | 2023-12-22 | [Grains respond to continued hot, dry weather in Brazil - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/11282-grains-respond-to-continued-hot-dry-weather-in-brazil-agweek-1-source-for.md) | +2.4% | -1.8% |
| CORN | 2024-02-23 | [Markets aren't concerned about weather — yet - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/31592-markets-aren-t-concerned-about-weather-yet-agweek-1-source-for-agriculture-news.md) | +0.1% | +7.0% |
| CORN | 2026-09-25 | [Summer is over, but the weather market isn't - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/12962-summer-is-over-but-the-weather-market-isn-t-agweek-1-source-for-agriculture.md) | -0.3% | -6.1% |

## Sources

- agweek.com: https://www.agweek.com/business/markets/argentina-rains-cap-crop-losses-from-drought-weather-experts-say

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