# AgroPages-Argentine farmers switching some intended corn to soybeans-Agricultural news

> Argentine farmers are switching some intended corn acreage to soybeans ahead of the new administration taking office on December 10, fearing higher export taxes. The Buenos Aires Grain Exchange cut its 2019/20 corn area by 100,000 hectares to 6.3 million hectares, and planting is running slower than average.

- Date: 2019-11-28 · published 2019-11-28T12:00:00.000Z
- Category: policy · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/55876-agropages-argentine-farmers-switching-some-intended-corn-to-soybeans
- 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

Lower Argentine corn area and a shift toward soybeans reduce expected corn export supply and add to soybean and meal supply, with policy fears shaping the mix.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-12-24 | [Argentine government taxes farmers to fund spending - Grain Central](https://feedsoft.ai/events/55423-argentine-government-taxes-farmers-to-fund-spending-grain-central.md) | -0.2% | +0.6% |
| CORN | 2021-01-07 | [Return to food protectionism is riling farmers in Argentina \| Air Freight News](https://feedsoft.ai/events/49005-return-to-food-protectionism-is-riling-farmers-in-argentina-air-freight-news.md) | +5.6% | +13.4% |
| CORN | 2019-12-24 | [Argentina raise taxes on corn, wheat and soybean exports \| Farm Online \| ACT](https://feedsoft.ai/events/55425-argentina-raise-taxes-on-corn-wheat-and-soybean-exports-farm-online-act.md) | -0.2% | +0.6% |
| CORN | 2026-07-21 | [Yakym: America First policy starts with Indiana agriculture, farmers  - Indiana Corn and Soy](https://feedsoft.ai/events/18310-yakym-america-first-policy-starts-with-indiana-agriculture-farmers-indiana-corn.md) | +0.0% | +0.9% |
| CORN | 2021-04-29 | [Correction continues for corn, soybeans, wheat - Brownfield Ag News](https://feedsoft.ai/events/7705-correction-continues-for-corn-soybeans-wheat-brownfield-ag-news.md) | +5.9% | -6.0% |
| SOY | 2017-10-13 | [AgroPages-Record Soy carryover in Argentina expected to pressure prices-Agricultural news](https://feedsoft.ai/events/68306-agropages-record-soy-carryover-in-argentina-expected-to-pressure-prices.md) | -0.6% | -1.7% |
| SOY | 2026-05-26 | [Argentina to Gradually Reduce Soy, Corn Taxes in Coming Years](https://feedsoft.ai/events/13795-argentina-to-gradually-reduce-soy-corn-taxes-in-coming-years.md) | -1.3% | -6.6% |
| SOY | 2018-11-26 | [China’s New Feed Standards May Bring Radical Changes to Soybeans, Feed, and Livestock-Farming - Rabobank](https://feedsoft.ai/events/62039-china-s-new-feed-standards-may-bring-radical-changes-to-soybeans-feed-and.md) | +1.6% | +0.3% |

## Sources

- news.agropages.com: https://news.agropages.com/News/NewsDetail---33050.htm

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