# Timeline: Argentina's economy dogged by year of 'endless storms'

> Reuters publishes a timeline of Argentina's 2018 economic troubles, beginning with a four-month drought that wiped out hopes for a soybean recovery in March. The drought left the season effectively lost for the country's top export.

- Date: 2018-12-20 · published 2018-12-20T12:00:00.000Z
- Category: weather · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/61425-timeline-argentina-s-economy-dogged-by-year-of-endless-storms
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A severe soybean crop shortfall in Argentina, a major exporter, tightens global soy and meal supplies and supports prices.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-06-01 | [How drought will impact Argentina's economy, banks, insurers - BNamericas](https://feedsoft.ai/events/64371-how-drought-will-impact-argentina-s-economy-banks-insurers-bnamericas.md) | -4.3% | -15.4% |
| SOY | 2026-01-23 | [Argentina Dryness Continues to Expand](https://feedsoft.ai/events/13814-argentina-dryness-continues-to-expand.md) | +0.8% | +6.9% |
| SOY | 2017-05-02 | [Don't Rain On Me, Argentina](https://feedsoft.ai/events/70865-don-t-rain-on-me-argentina.md) | -0.3% | -4.8% |
| SOY | 2016-05-10 | [Argentina Floods Spark Biggest Bet On Soybean Rally In Two Years \| ESM Magazine](https://feedsoft.ai/events/6520-argentina-floods-spark-biggest-bet-on-soybean-rally-in-two-years-esm-magazine.md) | +4.5% | +12.0% |
| SOY | 2018-04-03 | [Argentine drought hits farmers hard, undermining economy \| AP News](https://feedsoft.ai/events/65362-argentine-drought-hits-farmers-hard-undermining-economy-ap-news.md) | +1.1% | +0.2% |

## Sources

- reuters.com: https://www.reuters.com/article/us-argentina-economy-crisis-timeline/timeline-argentinas-economy-dogged-by-year-of-endless-storms-idUSKCN1OJ18S/

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