# Drought: A Conversation with Esteban Copati, Head of the Agricultural Estimates Department in the Bolsas de Cereales of Argentina | Wilson Center

> An interview with Esteban Copati of the Bolsa de Cereales of Argentina discusses the 2017/18 season, which saw early-season floods during planting, a severe drought from January to March 2018, and heavy April rains that damaged soybean quality. He notes that infrastructure problems and wet conditions have repeatedly hurt planted area, harvest and grain transport. The Bolsa projects a 2017/18 production figure of 36 million tonnes.

- Date: 2018-07-20 · published 2018-07-20T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/63874-drought-a-conversation-with-esteban-copati-head-of-the-agricultural-estimates
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Weather-driven losses in Argentina's soybean and corn crops reduce export supplies of meal, oil and grain, supporting prices for those products. Quality damage from wet harvest conditions can also reduce usable crush output.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-01-12 | [Weather clouds agricultural outlook in Argentina](https://feedsoft.ai/events/72843-weather-clouds-agricultural-outlook-in-argentina.md) | +6.7% | +4.7% |
| SOY | 2021-05-05 | [Low water level in the Paraná River reduces Argentine agricultural exports - FAN Transport Insights](https://feedsoft.ai/events/46938-low-water-level-in-the-parana-river-reduces-argentine-agricultural-exports-fan.md) | +3.8% | -0.9% |
| SOY | 2022-09-20 | [Winter drought rolls into third La Niña for Argentina - Grain Central](https://feedsoft.ai/events/14008-winter-drought-rolls-into-third-la-nina-for-argentina-grain-central.md) | -3.4% | -5.2% |
| SOY | 2024-02-26 | [964. Convergence of El Niño and Expected Transition to La Niña \| Japan International Research Center for Agricultural Sciences \| JIRCAS](https://feedsoft.ai/events/31587-964-convergence-of-el-nino-and-expected-transition-to-la-nina-japan.md) | +0.9% | +5.3% |
| SOY | 2022-09-26 | [Percent Drought in US Corn, Bean Areas Highest of Season](https://feedsoft.ai/events/13333-percent-drought-in-us-corn-bean-areas-highest-of-season.md) | -4.3% | -2.1% |
| SBM | 2017-01-12 | [Weather clouds agricultural outlook in Argentina](https://feedsoft.ai/events/72843-weather-clouds-agricultural-outlook-in-argentina.md) | +12.1% | +8.9% |
| SBM | 2021-05-05 | [Low water level in the Paraná River reduces Argentine agricultural exports - FAN Transport Insights](https://feedsoft.ai/events/46938-low-water-level-in-the-parana-river-reduces-argentine-agricultural-exports-fan.md) | +5.7% | -5.7% |
| SBM | 2022-09-20 | [Winter drought rolls into third La Niña for Argentina - Grain Central](https://feedsoft.ai/events/14008-winter-drought-rolls-into-third-la-nina-for-argentina-grain-central.md) | -1.6% | -4.7% |

## Sources

- wilsoncenter.org: https://www.wilsoncenter.org/article/drought-conversation-esteban-copati-head-the-agricultural-estimates-department-the-bolsas-de

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