# Argentina soybean output lowered to 45m mt, 2021/22 at 51.5m mt - Fastmarkets

> USDA's Argentina office cut the 2020/21 soybean crop estimate to 45 million mt and exports to 5.5 million mt, citing prolonged dry conditions and yield declines. It forecast 2021/22 soybean output at 51.5 million mt on higher planted area and yield recovery.

- Date: 2021-04-21 · published 2021-04-21T12:00:00.000Z
- Category: report · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/47429-argentina-soybean-output-lowered-to-45m-mt-2021-22-at-51-5m-mt-fastmarkets
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A smaller Argentine crop and reduced exports tighten world soymeal and soyoil supply, supporting prices for feed buyers. The stronger 2021/22 outlook partly caps the upside.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-02-03 | [Argentina soybean output projected to plummet \| World Grain](https://feedsoft.ai/events/13985-argentina-soybean-output-projected-to-plummet-world-grain.md) | -1.0% | -0.2% |
| SOY | 2021-03-03 | [USDA FAS lowers Argentina soybean outlook - Brownfield Ag News](https://feedsoft.ai/events/47978-usda-fas-lowers-argentina-soybean-outlook-brownfield-ag-news.md) | +1.9% | -3.3% |
| SOY | 2024-02-09 | [Conab slashes Brazil soybean output to 149.4M tonnes and corn to 113.6M tonnes - Fastmarkets](https://feedsoft.ai/events/13588-conab-slashes-brazil-soybean-output-to-149-4m-tonnes-and-corn-to-113-6m-tonnes.md) | -2.6% | -1.9% |
| SOY | 2025-12-10 | [Argentina soybean exports to rise despite lower production \| Feed & Grain](https://feedsoft.ai/events/13818-argentina-soybean-exports-to-rise-despite-lower-production-feed-and-grain.md) | -2.3% | -3.7% |
| SOY | 2021-10-15 | [Argentina’s soybean acreage estimates lowered \| World Grain](https://feedsoft.ai/events/44399-argentina-s-soybean-acreage-estimates-lowered-world-grain.md) | +1.5% | +0.5% |
| SBM | 2023-02-03 | [Argentina soybean output projected to plummet \| World Grain](https://feedsoft.ai/events/13985-argentina-soybean-output-projected-to-plummet-world-grain.md) | +0.3% | -1.2% |
| SBM | 2024-02-09 | [Conab slashes Brazil soybean output to 149.4M tonnes and corn to 113.6M tonnes - Fastmarkets](https://feedsoft.ai/events/13588-conab-slashes-brazil-soybean-output-to-149-4m-tonnes-and-corn-to-113-6m-tonnes.md) | -1.9% | -4.4% |
| SBM | 2025-12-10 | [Argentina soybean exports to rise despite lower production \| Feed & Grain](https://feedsoft.ai/events/13818-argentina-soybean-exports-to-rise-despite-lower-production-feed-and-grain.md) | +1.2% | +1.0% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/argentina-soybean-output-lowered-to-45m-mt-2021-22-at-51-5m-mt/

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