# Argentina’s farmers sweating out dryness | World-grain.com | December 18, 2017 14:10 | World Grain

> Argentina's key grain and oilseed areas received extremely little rain in the first half of December, with many locations getting a quarter of normal rainfall. Topsoil moisture was rated short to very short just before December 15, while nearly half of the 2018 corn and soybean crop was still unplanted. Forecasts pointed to rain for December 15-25.

- Date: 2017-12-18 · published 2017-12-18T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/67322-argentina-s-farmers-sweating-out-dryness-world-grain-com-december-18-2017-14-10
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Dry conditions during planting and early crop development threaten yields from a leading global soymeal and corn exporter, supporting soybean meal, soybean and corn prices unless the forecast rain arrives.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2016-12-22 | [Dryness in Argentina offers hope for market speculators \| World-grain.com \| December 22, 2016 18:41 \| World Grain](https://feedsoft.ai/events/73321-dryness-in-argentina-offers-hope-for-market-speculators-world-grain-com.md) | +1.7% | +11.0% |
| SBM | 2019-09-30 | [Dryness impacting Argentine crops \| 2019-09-30  \| World Grain](https://feedsoft.ai/events/56912-dryness-impacting-argentine-crops-2019-09-30-world-grain.md) | +3.1% | +4.6% |
| SBM | 2018-08-31 | [Drought devastates Argentina’s oilseed crop \| 2018-08-31  \| World Grain](https://feedsoft.ai/events/63375-drought-devastates-argentina-s-oilseed-crop-2018-08-31-world-grain.md) | +4.2% | +1.3% |
| SBM | 2023-07-21 | [Drought drives down Argentina’s soybean outlook \| World Grain](https://feedsoft.ai/events/13958-drought-drives-down-argentina-s-soybean-outlook-world-grain.md) | +4.5% | -7.2% |
| SBM | 2023-02-17 | [Another cut expected for Argentina soy production \| World Grain](https://feedsoft.ai/events/13982-another-cut-expected-for-argentina-soy-production-world-grain.md) | +0.0% | -3.7% |
| SOY | 2016-12-22 | [Dryness in Argentina offers hope for market speculators \| World-grain.com \| December 22, 2016 18:41 \| World Grain](https://feedsoft.ai/events/73321-dryness-in-argentina-offers-hope-for-market-speculators-world-grain-com.md) | -0.3% | +5.1% |
| SOY | 2019-09-30 | [Dryness impacting Argentine crops \| 2019-09-30  \| World Grain](https://feedsoft.ai/events/56912-dryness-impacting-argentine-crops-2019-09-30-world-grain.md) | +3.8% | +4.2% |
| SOY | 2018-08-31 | [Drought devastates Argentina’s oilseed crop \| 2018-08-31  \| World Grain](https://feedsoft.ai/events/63375-drought-devastates-argentina-s-oilseed-crop-2018-08-31-world-grain.md) | +1.5% | +3.2% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/9075-argentina-s-farmers-sweating-out-dryness

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