# Argentina buys most U.S. soy in 20 years after drought cuts crop

> Argentina booked its largest purchase of U.S. soybeans in 20 years, buying 120,000 tonnes for delivery in the 2018-19 marketing season starting September 1. The purchase follows a drought that cut Argentina's harvest and left its crushers short of domestic beans.

- Date: 2018-04-10 · published 2018-04-10T12:00:00.000Z
- Category: trade · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/65361-argentina-buys-most-u-s-soy-in-20-years-after-drought-cuts-crop
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Argentine crushers will turn to U.S. soybeans from October, adding export demand for U.S. beans that will be crushed into meal and oil. This supports U.S. soybean prices and tightens South American crush supply.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-08-01 | [China buys most U.S. soybeans since November 2025](https://feedsoft.ai/events/14565-china-buys-most-u-s-soybeans-since-november-2025.md) | -1.3% | +8.9% |
| SOY | 2025-12-09 | [China buys U.S. soybeans after Trump trade agreement](https://feedsoft.ai/events/14615-china-buys-u-s-soybeans-after-trump-trade-agreement.md) | -2.0% | -3.7% |
| SOY | 2024-07-10 | [China Buys First US Soy for 2024 Crop — About Seven Months Late](https://feedsoft.ai/events/14733-china-buys-first-us-soy-for-2024-crop-about-seven-months-late.md) | -6.1% | -11.5% |
| SOY | 2023-02-15 | [India's soymeal exports to soar as drought trims Argentine supply](https://feedsoft.ai/events/37414-india-s-soymeal-exports-to-soar-as-drought-trims-argentine-supply.md) | +0.1% | -3.1% |
| SOY | 2019-02-02 | [Exclusive: China buys U.S. soybeans a day after trade talks - traders](https://feedsoft.ai/events/60471-exclusive-china-buys-u-s-soybeans-a-day-after-trade-talks-traders.md) | -0.4% | -1.6% |
| SBM | 2023-02-15 | [India's soymeal exports to soar as drought trims Argentine supply](https://feedsoft.ai/events/37414-india-s-soymeal-exports-to-soar-as-drought-trims-argentine-supply.md) | -0.8% | -2.3% |
| SBM | 2019-02-02 | [Exclusive: China buys U.S. soybeans a day after trade talks - traders](https://feedsoft.ai/events/60471-exclusive-china-buys-u-s-soybeans-a-day-after-trade-talks-traders.md) | -1.8% | -1.8% |
| SBM | 2019-04-03 | [Farmers delay pricing soy in Argentina trade-currency wager](https://feedsoft.ai/events/59634-farmers-delay-pricing-soy-in-argentina-trade-currency-wager.md) | -0.5% | -4.7% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-soybeans-argentina/argentina-buys-most-u-s-soy-in-20-years-after-drought-cuts-crop-idUSKBN1HH3CP/

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