# A More-Favorable South America Forecast

> After several weeks of drier-than-normal weather in central Argentina and a turn to hotter temperatures, forecast models showed a chance of moderate to heavy rain in key corn and soybean areas. Corn and soybean planting in Argentina was about 55% complete as of December 7, close to last year's pace. La Nina conditions raise the risk of drought in central Argentina if dryness persists into January.

- Date: 2017-12-13 · published 2017-12-13T12:00:00.000Z
- Category: weather · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/67331-a-more-favorable-south-america-forecast
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Rain is needed to prevent losses on early-planted Argentine corn approaching reproduction, so the outcome of the forecast system will affect near-term corn and soybean price sentiment.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-12-14 | [South American crop and weather update - Morning Ag Clips](https://feedsoft.ai/events/67327-south-american-crop-and-weather-update-morning-ag-clips.md) | +2.3% | +2.4% |
| CORN | 2018-07-27 | [Look South, ENSO Forecasters! \| NOAA Climate.gov](https://feedsoft.ai/events/63937-look-south-enso-forecasters-noaa-climate-gov.md) | +0.9% | -1.9% |
| CORN | 2025-12-12 | [La Niña Is Fading: What It Means for South American Crop Potential - AgWeb](https://feedsoft.ai/events/21412-la-nina-is-fading-what-it-means-for-south-american-crop-potential-agweb.md) | +1.0% | -2.9% |
| CORN | 2017-02-07 | [Markets waiting for certainty on South American summer crop - Grain Central](https://feedsoft.ai/events/72338-markets-waiting-for-certainty-on-south-american-summer-crop-grain-central.md) | +1.9% | +1.6% |
| CORN | 2018-01-19 | [GRAIN MARKETS: Soybeans step higher on South American weather](https://feedsoft.ai/events/12099-grain-markets-soybeans-step-higher-on-south-american-weather.md) | +0.7% | +2.0% |
| SOY | 2024-01-18 | [South American Row Crop Yields](https://feedsoft.ai/events/13596-south-american-row-crop-yields.md) | +2.9% | -2.9% |
| SOY | 2017-12-14 | [South American crop and weather update - Morning Ag Clips](https://feedsoft.ai/events/67327-south-american-crop-and-weather-update-morning-ag-clips.md) | -2.6% | -3.6% |
| SOY | 2018-07-27 | [Look South, ENSO Forecasters! \| NOAA Climate.gov](https://feedsoft.ai/events/63937-look-south-enso-forecasters-noaa-climate-gov.md) | +2.5% | -2.2% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/Ag/blogs/ag-weather-forum/blog-post/2017/12/13/favorable-south-america-forecast-2

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