# Argentina Is Anxious for Soy Dollars. Farmers Won’t Play Ball - Bloomberg

> Argentine farmers are reluctant to sell soybean export dollars as the peso weakens, with a bumper corn crop reported on some farms. Farmers are holding back sales while the currency remains under pressure.

- Date: 2019-03-19 · published 2019-03-19T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/59942-argentina-is-anxious-for-soy-dollars-farmers-won-t-play-ball-bloomberg
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Reluctant farmer selling tightens near-term Argentine export supply and can support soybean and meal prices, while peso weakness encourages eventual selling.

## Read by commodity

- SOY: neutral
- CORN: neutral
- USDARS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-10-30 | [Argentina's Milei Taps Unseasonal Source in Search of Dollars: Shock Therapy \| Financial Post](https://feedsoft.ai/events/28129-argentina-s-milei-taps-unseasonal-source-in-search-of-dollars-shock-therapy.md) | +3.0% | +1.9% |
| SOY | 2022-08-02 | [Argentina’s Cash Needed to Avert Devaluation is Drying Up](https://feedsoft.ai/events/40324-argentina-s-cash-needed-to-avert-devaluation-is-drying-up.md) | +1.6% | -3.7% |
| SOY | 2018-02-08 | [China's Yuan Toppled From Two-Year High as Trade Data Surprises - Bloomberg](https://feedsoft.ai/events/7104-china-s-yuan-toppled-from-two-year-high-as-trade-data-surprises-bloomberg.md) | +3.5% | +7.2% |
| SOY | 2022-09-15 | [Argentina’s FX outlook looks slightly less bleak \| FrontierView](https://feedsoft.ai/events/39858-argentina-s-fx-outlook-looks-slightly-less-bleak-frontierview.md) | -2.8% | -7.2% |
| SOY | 2026-01-27 | [Dollar sinks to four-year low as intervention risk lifts yen](https://feedsoft.ai/events/21293-dollar-sinks-to-four-year-low-as-intervention-risk-lifts-yen.md) | -0.1% | +7.3% |
| CORN | 2022-06-29 | [Three Signs Show That Argentina Is Heading to a Devaluation - Bloomberg](https://feedsoft.ai/events/41226-three-signs-show-that-argentina-is-heading-to-a-devaluation-bloomberg.md) | +1.2% | -16.3% |
| CORN | 2024-10-30 | [Argentina's Milei Taps Unseasonal Source in Search of Dollars: Shock Therapy \| Financial Post](https://feedsoft.ai/events/28129-argentina-s-milei-taps-unseasonal-source-in-search-of-dollars-shock-therapy.md) | +0.8% | -1.1% |
| CORN | 2017-02-28 | [Trump Was Going to Kill Mexico’s Peso. It’s Doing Just Fine - Bloomberg](https://feedsoft.ai/events/72712-trump-was-going-to-kill-mexico-s-peso-it-s-doing-just-fine-bloomberg.md) | +0.9% | -1.1% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-03-19/argentina-s-anxious-for-soy-dollars-farmers-aren-t-playing-ball

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