# Argentina may have dodged La Nina bullet

> The Western Producer reports that USDA chief meteorologist Mark Brushberg told the Agricultural Outlook Forum that Argentina's corn and soybean crops may escape severe La Niña damage. Weaker La Niña events have historically caused more yield losses, and cumulative precipitation, though below the 30-year average, is closer to normal.

- Date: 2021-03-01 · published 2021-03-01T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/48540-argentina-may-have-dodged-la-nina-bullet
- 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

A reduced expectation of Argentine yield losses eases the supply-risk premium on soybeans, corn and meal, pressuring prices lower.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-01-31 | [Dry spell in Argentina may spoil buzz for soybean markets](https://feedsoft.ai/events/72847-dry-spell-in-argentina-may-spoil-buzz-for-soybean-markets.md) | +1.3% | +0.2% |
| SOY | 2025-11-07 | [Wet Argentine farmland offsets drier La Nina outlook \| Reuters](https://feedsoft.ai/events/13825-wet-argentine-farmland-offsets-drier-la-nina-outlook-reuters.md) | +3.7% | +1.2% |
| SOY | 2024-03-25 | [Argentina soybean harvest accelerates on dryer weather \| Latest Market News](https://feedsoft.ai/events/13934-argentina-soybean-harvest-accelerates-on-dryer-weather-latest-market-news.md) | -0.6% | -2.6% |
| SOY | 2019-02-18 | [Argentina's soy harvest unscathed by heavy rainfall - DatamarNews](https://feedsoft.ai/events/60439-argentina-s-soy-harvest-unscathed-by-heavy-rainfall-datamarnews.md) | +0.5% | -0.2% |
| SOY | 2018-03-08 | [An update on Brazil and Argentina crops - Morning Ag Clips](https://feedsoft.ai/events/65842-an-update-on-brazil-and-argentina-crops-morning-ag-clips.md) | -2.5% | -2.3% |
| CORN | 2024-03-25 | [Argentina soybean harvest accelerates on dryer weather \| Latest Market News](https://feedsoft.ai/events/13934-argentina-soybean-harvest-accelerates-on-dryer-weather-latest-market-news.md) | -4.9% | -6.9% |
| CORN | 2018-03-08 | [An update on Brazil and Argentina crops - Morning Ag Clips](https://feedsoft.ai/events/65842-an-update-on-brazil-and-argentina-crops-morning-ag-clips.md) | +2.4% | +5.3% |
| CORN | 2018-12-14 | [El Nino is back – and may stick around](https://feedsoft.ai/events/61499-el-nino-is-back-and-may-stick-around.md) | +0.5% | +0.1% |

## Sources

- producer.com: https://www.producer.com/news/argentina-may-have-dodged-la-nina-bullet/

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