# Argentina soybean production forecast down 13% | World-grain.com | March 14, 2018 19:51 | World Grain

> The USDA's March WASDE cut its forecast for Argentine 2017-18 soybean production by 7 million tonnes, or 13%, to 47 million tonnes, citing persistent dryness and heat during flowering. The crush estimate was lowered only 1.5% to 43 million tonnes.

- Date: 2018-03-14 · published 2018-03-14T12:00:00.000Z
- Category: report · region Argentina · magnitude high
- Page: https://feedsoft.ai/events/65848-argentina-soybean-production-forecast-down-13-world-grain-com-march-14-2018-19
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A much smaller Argentine crop reduces global soybean and meal availability, supporting prices for feed protein, while the modest crush cut means meal supply tightens less than the bean cut implies.

## Read by commodity

- SBM: bullish ▲
- SBO: neutral
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-03-04 | [Argentina’s soybean production falls \| 2021-03-04  \| World Grain](https://feedsoft.ai/events/47976-argentina-s-soybean-production-falls-2021-03-04-world-grain.md) | +0.1% | +1.8% |
| SOY | 2021-01-07 | [Argentina’s soybean production slips \| 2021-01-07  \| World Grain](https://feedsoft.ai/events/48997-argentina-s-soybean-production-slips-2021-01-07-world-grain.md) | +3.4% | +0.5% |
| SOY | 2017-06-30 | [Argentina’s soybean production estimates lower in 2017-18 \| World-grain.com \| June 30, 2017 12:42 \| World Grain](https://feedsoft.ai/events/70323-argentina-s-soybean-production-estimates-lower-in-2017-18-world-grain-com-june.md) | +8.8% | +9.3% |
| SOY | 2025-12-10 | [Argentina soybean exports to rise despite lower production \| Feed & Grain](https://feedsoft.ai/events/13818-argentina-soybean-exports-to-rise-despite-lower-production-feed-and-grain.md) | -2.3% | -3.7% |
| SOY | 2023-02-03 | [Argentina soybean output projected to plummet \| World Grain](https://feedsoft.ai/events/13985-argentina-soybean-output-projected-to-plummet-world-grain.md) | -1.0% | -0.2% |
| SBM | 2021-03-04 | [Argentina’s soybean production falls \| 2021-03-04  \| World Grain](https://feedsoft.ai/events/47976-argentina-s-soybean-production-falls-2021-03-04-world-grain.md) | -3.0% | -1.7% |
| SBM | 2021-01-07 | [Argentina’s soybean production slips \| 2021-01-07  \| World Grain](https://feedsoft.ai/events/48997-argentina-s-soybean-production-slips-2021-01-07-world-grain.md) | +4.1% | +0.5% |
| SBM | 2017-06-30 | [Argentina’s soybean production estimates lower in 2017-18 \| World-grain.com \| June 30, 2017 12:42 \| World Grain](https://feedsoft.ai/events/70323-argentina-s-soybean-production-estimates-lower-in-2017-18-world-grain-com-june.md) | +11.6% | +9.0% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/9536-argentina-soybean-production-forecast-down-13

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