In flooded Argentine field, ducks swim where soy should sprout

After 324 past neutral weather events, Soybeans moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), and +0.7% over 20.

• Mar 16, 2018Argentine soybean losses likely priced in - Brownfield Ag News-1.1%
• Jan 23, 2024Argentina’s soy crush hit 19-year low in 2023 - Buenos Aires Herald-2.5%
• Apr 25, 2017First-crop harvest nearly complete in Brazil, progressing in Argentina thanks to dry weather-0.2%
• Sep 26, 2024Argentine exchange forecasts soybean harvest at 52 mln tons+0.3%
• May 31, 2024Severe weather keeps Midwest farmers out of the field-0.8%

After 55 past neutral weather events, Soybean Meal moved a median -0.1% over 5 sessions (47% higher; middle half -1.7% to +1.5%), and +0.1% over 20.

• Nov 25, 2019Argentine wheat production is hampered by lack of rainfall - DatamarNews-2.6%
• Nov 21, 2023Soybeans, corn, wheat close in positive territory - Brownfield Ag News-1.9%
• Mar 11, 2026Argentina's Soybean Outlook Hinges on BCR vs. USDA Divergence—February Rains Buy Time, But the Skies Remain the Final Arbiter-0.8%
• Dec 5, 2025Heavy rains improve central Brazil soil moisture but drought fears grow in southern South America-3.0%
• Nov 24, 2021Beneficial rains for Argentina’s soyabeans do not cancel La Nina risks - Markets - Business Recorder-1.9%

After 18 past neutral weather events, Soybean Oil moved a median +2.6% over 5 sessions (72% higher; middle half -0.4% to +3.5%), and +3.6% over 20.

• Nov 25, 2019Argentine wheat production is hampered by lack of rainfall - DatamarNews-3.0%
• Feb 18, 2019Argentina's soy harvest unscathed by heavy rainfall - DatamarNews+1.4%
• Dec 7, 2022Sunflower prices in Ukraine were supported by a decline in harvest forecasts in the Russian Federation-1.4%
• May 7, 2024Funds extend short covering in CBOT wheat on dry Russian crop+3.3%
• Sep 16, 2024Purchase prices for sunflower in Ukraine continue to rise+0.8%