# Argentina's corn and soy crops pull away from stricken 2018 harvest - Markets - Business Recorder

> Argentina's upcoming corn and soybean crops are not expected to be among the best on record but have avoided the severe drought seen in 2018 after above-average January rainfall. USDA's Buenos Aires office projected corn at 47 million tonnes, though La Nina and a dry forecast remain risks.

- Date: 2021-02-04 · published 2021-02-04T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/48461-argentina-s-corn-and-soy-crops-pull-away-from-stricken-2018-harvest-markets
- 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

Crops in good condition support adequate Argentine corn and soymeal export supplies, but a dry turn during yield formation could cut output and lift world feed prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-03-18 | [Soybeans rise on firm vegoils, Argentina crop concerns; corn steady - Markets - Business Recorder](https://feedsoft.ai/events/42293-soybeans-rise-on-firm-vegoils-argentina-crop-concerns-corn-steady-markets.md) | +0.0% | +6.2% |
| CORN | 2021-06-25 | [Corn, wheat, soy steady as US crop prospects assessed - Markets - Business Recorder](https://feedsoft.ai/events/46608-corn-wheat-soy-steady-as-us-crop-prospects-assessed-markets-business-recorder.md) | +5.6% | -5.6% |
| CORN | 2021-09-04 | [Late-running French soft wheat harvest almost complete - Markets - Business Recorder](https://feedsoft.ai/events/45010-late-running-french-soft-wheat-harvest-almost-complete-markets-business-recorder.md) | -1.6% | -4.4% |
| CORN | 2024-10-16 | [Corn and soybeans regain a little ground after sell-off - Markets - Business Recorder](https://feedsoft.ai/events/27881-corn-and-soybeans-regain-a-little-ground-after-sell-off-markets-business.md) | +2.5% | +3.9% |
| CORN | 2025-02-18 | [Wheat eases from 4-month highs, soybean flat - Markets - Business Recorder](https://feedsoft.ai/events/26078-wheat-eases-from-4-month-highs-soybean-flat-markets-business-recorder.md) | -4.4% | -2.4% |
| SOY | 2025-01-07 | [Chicago corn pulls back from 6-month peak, Argentina dryness caps losses - Markets - Business Recorder](https://feedsoft.ai/events/11502-chicago-corn-pulls-back-from-6-month-peak-argentina-dryness-caps-losses-markets.md) | +4.9% | +8.3% |
| SOY | 2026-10-27 | [CBoT corn drops on US harvest pressure - Markets - Business Recorder](https://feedsoft.ai/events/421-cbot-corn-drops-on-us-harvest-pressure-markets-business-recorder.md) | +0.5% | — |
| SOY | 2021-06-25 | [Corn, wheat, soy steady as US crop prospects assessed - Markets - Business Recorder](https://feedsoft.ai/events/46608-corn-wheat-soy-steady-as-us-crop-prospects-assessed-markets-business-recorder.md) | +5.5% | +2.2% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40059968

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