# Lack of rainfall in Buenos Aires province affecting soy planting and prices — MercoPress

> Drought in parts of Buenos Aires province left the main farm area mostly dry, with scant rain and high temperatures. Planting was 82% complete, and the Rosario exchange expects a 54.5 million ton 2017/18 soybean harvest. Some drought damage is expected, mainly in the southwest of the province.

- Date: 2018-01-03 · published 2018-01-03T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/66852-lack-of-rainfall-in-buenos-aires-province-affecting-soy-planting-and-prices
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Dry conditions in Argentina's key soy area raise concerns about a smaller crop and tighter export supplies of soybeans and meal, which supports prices.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-02-11 | [Lack of rain pressures corn and soybeans in the South](https://feedsoft.ai/events/13451-lack-of-rain-pressures-corn-and-soybeans-in-the-south.md) | +1.0% | +6.9% |
| SOY | 2020-10-14 | [Spring rains provide planting window in South America - McKeany-Flavell](https://feedsoft.ai/events/50487-spring-rains-provide-planting-window-in-south-america-mckeany-flavell.md) | +1.9% | +9.0% |
| SOY | 2022-04-25 | [Corn, soybean planting in Illinois delayed by cold temperatures and rain](https://feedsoft.ai/events/13373-corn-soybean-planting-in-illinois-delayed-by-cold-temperatures-and-rain.md) | -0.5% | -0.6% |
| SOY | 2023-10-25 | [All over Brazil, extreme weather is affecting soybean planting](https://feedsoft.ai/events/13618-all-over-brazil-extreme-weather-is-affecting-soybean-planting.md) | -0.6% | +6.3% |
| SOY | 2026-04-22 | [Chicago soy rises as oil prices climb, rain forecast threatens Midwest planting - Markets - Business Recorder](https://feedsoft.ai/events/19752-chicago-soy-rises-as-oil-prices-climb-rain-forecast-threatens-midwest-planting.md) | -0.1% | +3.0% |
| SBM | 2023-10-25 | [All over Brazil, extreme weather is affecting soybean planting](https://feedsoft.ai/events/13618-all-over-brazil-extreme-weather-is-affecting-soybean-planting.md) | -0.1% | +6.7% |
| SBM | 2022-10-28 | [Third straight drought is upending key Argentine planting season \| Buenos Aires Times](https://feedsoft.ai/events/14004-third-straight-drought-is-upending-key-argentine-planting-season-buenos-aires.md) | -0.2% | -2.9% |
| SBM | 2024-01-23 | [Argentina’s soy crush hit 19-year low in 2023 - Buenos Aires Herald](https://feedsoft.ai/events/13941-argentina-s-soy-crush-hit-19-year-low-in-2023-buenos-aires-herald.md) | -0.4% | -3.4% |

## Sources

- en.mercopress.com: https://en.mercopress.com/2018/01/03/lack-of-rainfall-in-buenos-aires-province-affecting-soy-planting-and-prices

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