# World soy stocks to swell as Brazil, Argentina harvest prospects rise | Financial Post

> USDA raised its 2019/20 world soybean ending stocks to 102.44 million tonnes from 98.86 million in February, above the 99.33 million analysts expected. The agency raised Brazil's soybean harvest to 126 million tonnes and Argentina's to 54 million. World corn ending stocks were also lifted slightly to 297.34 million tonnes.

- Date: 2020-03-10 · published 2020-03-10T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/54091-world-soy-stocks-to-swell-as-brazil-argentina-harvest-prospects-rise-financial
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Bigger South American soybean supplies and higher global stocks weigh on soybean meal and soy prices, which favours cheaper feed protein for buyers.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-09-28 | [Argentina soy harvest set to climb next season; wheat, corn to retreat \| Financial Post](https://feedsoft.ai/events/14011-argentina-soy-harvest-set-to-climb-next-season-wheat-corn-to-retreat-financial.md) | -1.7% | -1.8% |
| SOY | 2025-07-01 | [Argentina finishing big soybean harvest](https://feedsoft.ai/events/13849-argentina-finishing-big-soybean-harvest.md) | 0.0% | -4.1% |
| SOY | 2025-07-07 | [Argentina Completes Soybean Harvest as Cold Spell Boosts Development of Wheat](https://feedsoft.ai/events/13844-argentina-completes-soybean-harvest-as-cold-spell-boosts-development-of-wheat.md) | -4.9% | -8.9% |
| SOY | 2026-06-11 | [Argentina grain exchange raises soybean crop forecast as harvest progresses](https://feedsoft.ai/events/13793-argentina-grain-exchange-raises-soybean-crop-forecast-as-harvest-progresses.md) | +0.8% | +6.5% |
| SOY | 2017-04-06 | [Brazil To Harvest Record Corn And Soybean Yields](https://feedsoft.ai/events/71350-brazil-to-harvest-record-corn-and-soybean-yields.md) | +0.4% | +2.2% |
| SBM | 2022-09-28 | [Argentina soy harvest set to climb next season; wheat, corn to retreat \| Financial Post](https://feedsoft.ai/events/14011-argentina-soy-harvest-set-to-climb-next-season-wheat-corn-to-retreat-financial.md) | -4.6% | -0.8% |
| SBM | 2025-07-01 | [Argentina finishing big soybean harvest](https://feedsoft.ai/events/13849-argentina-finishing-big-soybean-harvest.md) | -1.5% | -2.2% |
| SBM | 2025-07-07 | [Argentina Completes Soybean Harvest as Cold Spell Boosts Development of Wheat](https://feedsoft.ai/events/13844-argentina-completes-soybean-harvest-as-cold-spell-boosts-development-of-wheat.md) | -2.1% | -1.2% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/world-soy-stocks-to-swell-as-brazil-argentina-harvest-prospects-rise

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