# Argentina grain production dips | 2020-07-30  | World Grain

> A USDA Foreign Agricultural Service report forecasts Argentina's 2020-21 wheat output falling 1 million tonnes to 20 million, and corn output falling 2.4 million to 47.6 million, due to dry weather and a shift toward soybeans. Producers remain worried about possible wheat and corn export tax increases.

- Date: 2020-07-30 · published 2020-07-30T12:00:00.000Z
- Category: report · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/51949-argentina-grain-production-dips-2020-07-30-world-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Smaller Argentine wheat and corn crops tighten exportable supplies in the 2020-21 year, supporting world wheat and corn prices, while a possible export tax hike could further disrupt flows.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-02-13 | [Australian wheat production drops 38% \| World-grain.com \| February 13, 2018 15:18 \| World Grain](https://feedsoft.ai/events/66464-australian-wheat-production-drops-38-world-grain-com-february-13-2018-15-18.md) | -0.7% | +1.7% |
| WHEAT | 2022-07-12 | [France projects lower wheat production \| World Grain](https://feedsoft.ai/events/40421-france-projects-lower-wheat-production-world-grain.md) | +7.2% | +7.0% |
| WHEAT | 2026-04-29 | [Australia’s wheat production forecast to drop \| World Grain](https://feedsoft.ai/events/19682-australia-s-wheat-production-forecast-to-drop-world-grain.md) | -3.1% | -0.4% |
| WHEAT | 2026-09-17 | [IGC: Grain production falls but GOI prices rise \| World Grain](https://feedsoft.ai/events/9696-igc-grain-production-falls-but-goi-prices-rise-world-grain.md) | +3.2% | +0.6% |
| WHEAT | 2018-10-10 | [Brazil corn production forecast higher \| 2018-10-10  \| World Grain](https://feedsoft.ai/events/62372-brazil-corn-production-forecast-higher-2018-10-10-world-grain.md) | +8.2% | +4.5% |
| CORN | 2022-04-29 | [Soybean, sunflower production growing in Argentina \| World Grain](https://feedsoft.ai/events/14039-soybean-sunflower-production-growing-in-argentina-world-grain.md) | -7.1% | -3.2% |
| CORN | 2024-11-05 | [Argentina’s soybean production to surge 5% in 2024-25 despite ...](https://feedsoft.ai/events/13894-argentina-s-soybean-production-to-surge-5-in-2024-25-despite.md) | +1.8% | -1.5% |
| CORN | 2026-09-17 | [IGC: Grain production falls but GOI prices rise \| World Grain](https://feedsoft.ai/events/9696-igc-grain-production-falls-but-goi-prices-rise-world-grain.md) | -1.2% | -5.6% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/14030-argentina-grain-production-dips

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