# Abundant rains in Argentina's soy belt help expectations of a good harvest — MercoPress

> Rainstorms across Argentina's soy belt have built soil moisture ahead of February flowering. USDA expects the harvest to reach 55.5 million tonnes, a sharp recovery from the drought-hit 37.8 million tonnes in 2017/18. Some hail damage in Santa Fe is considered localized.

- Date: 2018-12-19 · published 2018-12-19T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/61427-abundant-rains-in-argentina-s-soy-belt-help-expectations-of-a-good-harvest
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Good Argentine soybean prospects add export supply that would offset U.S. shortfalls if the trade war limits American sales to China, pressuring soybean and meal prices.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-04-11 | [Bumper harvest of soybeans and corn expected in Argentina, says Rosario grains exchange — MercoPress](https://feedsoft.ai/events/59433-bumper-harvest-of-soybeans-and-corn-expected-in-argentina-says-rosario-grains.md) | -2.5% | -11.3% |
| SOY | 2019-02-18 | [Argentina's soy harvest unscathed by heavy rainfall - DatamarNews](https://feedsoft.ai/events/60439-argentina-s-soy-harvest-unscathed-by-heavy-rainfall-datamarnews.md) | +0.5% | -0.2% |
| SOY | 2025-06-13 | [Argentina's Soybean Harvest Exceeds Forecast by 300,000 Tonnes; and other news about agribusiness in Latin America](https://feedsoft.ai/events/13852-argentina-s-soybean-harvest-exceeds-forecast-by-300-000-tonnes-and-other-news.md) | +2.5% | -4.3% |
| SOY | 2017-03-07 | [U.S. grains: Soy, corn fall on Brazil crop expectations - AgCanada](https://feedsoft.ai/events/72036-u-s-grains-soy-corn-fall-on-brazil-crop-expectations-agcanada.md) | -3.0% | -8.6% |
| SOY | 2021-01-19 | [Timely Rains Help Brazil Crops, Dry Conditions Remain in Argentina \| Red River Farm Network](https://feedsoft.ai/events/48978-timely-rains-help-brazil-crops-dry-conditions-remain-in-argentina-red-river.md) | -5.2% | -2.3% |
| SBM | 2019-04-11 | [Bumper harvest of soybeans and corn expected in Argentina, says Rosario grains exchange — MercoPress](https://feedsoft.ai/events/59433-bumper-harvest-of-soybeans-and-corn-expected-in-argentina-says-rosario-grains.md) | -2.0% | -8.0% |
| SBM | 2019-02-18 | [Argentina's soy harvest unscathed by heavy rainfall - DatamarNews](https://feedsoft.ai/events/60439-argentina-s-soy-harvest-unscathed-by-heavy-rainfall-datamarnews.md) | -0.4% | +1.1% |
| SBM | 2025-06-13 | [Argentina's Soybean Harvest Exceeds Forecast by 300,000 Tonnes; and other news about agribusiness in Latin America](https://feedsoft.ai/events/13852-argentina-s-soybean-harvest-exceeds-forecast-by-300-000-tonnes-and-other-news.md) | -3.4% | -9.4% |

## Sources

- en.mercopress.com: https://en.mercopress.com/2018/12/19/abundant-rains-in-argentina-s-soy-belt-help-expectations-of-a-good-harvest

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