# La Nina seen hurting Argentine corn/soy crops, export logistics

> Analysts expect dryness over the next six months in Argentina to shrink the corn and soybean crops. Low water is also expected to complicate navigation of grain cargo ships on the Parana River.

- Date: 2021-08-24 · published 2021-08-24T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/45422-la-nina-seen-hurting-argentine-corn-soy-crops-export-logistics
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Smaller Argentine corn and soy crops tighten global supplies of feed grains and soymeal. Shallow Parana River conditions raise freight and loading costs, which widens the cost of Argentine origin relative to other sources.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-01-24 | [Strengthening La Nina May Stress Argentina Crops](https://feedsoft.ai/events/66925-strengthening-la-nina-may-stress-argentina-crops.md) | +1.0% | +1.6% |
| CORN | 2026-01-29 | [Heat wave hits Argentina, threatening corn and soybean crops](https://feedsoft.ai/events/13817-heat-wave-hits-argentina-threatening-corn-and-soybean-crops.md) | -0.3% | -0.1% |
| CORN | 2023-01-04 | [Argentina's soy, corn may hinge on La Nina's exit after dry 2022 \| Reuters](https://feedsoft.ai/events/13988-argentina-s-soy-corn-may-hinge-on-la-nina-s-exit-after-dry-2022-reuters.md) | -1.3% | -0.7% |
| CORN | 2023-06-13 | [Argentina soy, corn trucks entering key grains port at 22-year low](https://feedsoft.ai/events/13963-argentina-soy-corn-trucks-entering-key-grains-port-at-22-year-low.md) | +0.9% | -7.3% |
| CORN | 2024-12-04 | [La Nina could thwart Argentina's run at bumper crops  \| Reuters](https://feedsoft.ai/events/13888-la-nina-could-thwart-argentina-s-run-at-bumper-crops-reuters.md) | +4.5% | +7.4% |
| SOY | 2018-01-24 | [Strengthening La Nina May Stress Argentina Crops](https://feedsoft.ai/events/66925-strengthening-la-nina-may-stress-argentina-crops.md) | +1.4% | +4.9% |
| SOY | 2026-01-29 | [Heat wave hits Argentina, threatening corn and soybean crops](https://feedsoft.ai/events/13817-heat-wave-hits-argentina-threatening-corn-and-soybean-crops.md) | +1.6% | +6.8% |
| SOY | 2023-01-04 | [Argentina's soy, corn may hinge on La Nina's exit after dry 2022 \| Reuters](https://feedsoft.ai/events/13988-argentina-s-soy-corn-may-hinge-on-la-nina-s-exit-after-dry-2022-reuters.md) | +1.5% | +2.2% |

## Sources

- reuters.com: https://www.reuters.com/world/americas/la-nina-seen-hurting-argentine-cornsoy-crops-export-logistics-2021-08-24/

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