# Dryness impacting Argentine crops | 2019-09-30  | World Grain

> Dry weather has hit about 20% of the Pampas growing area in Argentina, per University of Buenos Aires meteorologist Eduardo Sierra. He cut his 2019-20 wheat forecast to 17 million tonnes from 20 million, corn to 40 million tonnes (down 20%), and soybeans slightly to 50 million.

- Date: 2019-09-30 · published 2019-09-30T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/56912-dryness-impacting-argentine-crops-2019-09-30-world-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower Argentine wheat and corn output tightens South American export supply at a time when China is leaning on Argentina for soymeal, which supports meal and grain prices.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-12-18 | [Argentina’s farmers sweating out dryness \| World-grain.com \| December 18, 2017 14:10 \| World Grain](https://feedsoft.ai/events/67322-argentina-s-farmers-sweating-out-dryness-world-grain-com-december-18-2017-14-10.md) | +0.8% | +0.0% |
| CORN | 2023-09-05 | [Extreme heat, dryness strike US crops \| World Grain](https://feedsoft.ai/events/13251-extreme-heat-dryness-strike-us-crops-world-grain.md) | +0.9% | -5.3% |
| CORN | 2018-12-26 | [Is dryness in Brazil’s crop country an omen? \| 2018-12-26  \| World Grain](https://feedsoft.ai/events/61419-is-dryness-in-brazil-s-crop-country-an-omen-2018-12-26-world-grain.md) | -0.3% | +0.6% |
| CORN | 2026-01-05 | [Dryness in US, Canada worth monitoring \| World Grain](https://feedsoft.ai/events/13027-dryness-in-us-canada-worth-monitoring-world-grain.md) | +0.9% | -1.1% |
| CORN | 2016-12-22 | [Dryness in Argentina offers hope for market speculators \| World-grain.com \| December 22, 2016 18:41 \| World Grain](https://feedsoft.ai/events/73321-dryness-in-argentina-offers-hope-for-market-speculators-world-grain-com.md) | +0.4% | +3.0% |
| WHEAT | 2022-06-17 | [Dryness in Argentina, France adds to world wheat headaches - Grain Price News](https://feedsoft.ai/events/40877-dryness-in-argentina-france-adds-to-world-wheat-headaches-grain-price-news.md) | -3.4% | -14.3% |
| WHEAT | 2018-09-19 | [El Niño looming \| 2018-09-19 \| World Grain](https://feedsoft.ai/events/62946-el-nino-looming-2018-09-19-world-grain.md) | +0.7% | +8.5% |
| WHEAT | 2019-10-01 | [Argentina Crops Being Impacted by Drought Conditions - ProAg](https://feedsoft.ai/events/56410-argentina-crops-being-impacted-by-drought-conditions-proag.md) | -4.8% | -2.4% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/12673-dryness-impacting-argentine-crops

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