# AgroPages-Record Soy carryover in Argentina expected to pressure prices-Agricultural news

> Argentina's soybean carryover for the current cycle is forecast at a record 16 million tonnes by the Rosario Grain Exchange, up from about 11 million last year. Farmers are holding beans in silo bags amid low domestic prices, while a 30% export tax is set to begin declining by 0.5% per month from January 2018.

- Date: 2017-10-13 · published 2017-10-13T12:00:00.000Z
- Category: policy · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/68306-agropages-record-soy-carryover-in-argentina-expected-to-pressure-prices
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A record carryover adds supply pressure on soybean and meal prices, and shifting acreage toward corn could tighten the corn balance later. Farmer selling may be restrained by storage, but the tax cut from January could support export flows.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-11-28 | [AgroPages-Argentine farmers switching some intended corn to soybeans-Agricultural news](https://feedsoft.ai/events/55876-agropages-argentine-farmers-switching-some-intended-corn-to-soybeans.md) | +0.3% | +5.4% |
| SOY | 2025-08-01 | [Argentina Announced a Permanent Reduction in Export Taxes; and more news about Latin American agriculture](https://feedsoft.ai/events/13840-argentina-announced-a-permanent-reduction-in-export-taxes-and-more-news-about.md) | +1.0% | +6.9% |
| SOY | 2022-09-22 | [Argentina soy sell-off continues, but sales expected to slow - DatamarNews](https://feedsoft.ai/events/14010-argentina-soy-sell-off-continues-but-sales-expected-to-slow-datamarnews.md) | -3.6% | -6.1% |
| SOY | 2026-06-05 | [Argentina: Argentina Further Cuts Agricultural Export Taxes \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/13791-argentina-argentina-further-cuts-agricultural-export-taxes-usda-foreign.md) | -0.6% | -0.4% |
| SOY | 2018-06-04 | [Argentina: Argentina’s Delay of Soybean Export Tax Reduction Unlikely \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/64370-argentina-argentina-s-delay-of-soybean-export-tax-reduction-unlikely-usda.md) | -5.1% | -15.9% |
| SBM | 2019-11-28 | [AgroPages-Argentine farmers switching some intended corn to soybeans-Agricultural news](https://feedsoft.ai/events/55876-agropages-argentine-farmers-switching-some-intended-corn-to-soybeans.md) | +1.9% | +0.5% |
| SBM | 2025-08-01 | [Argentina Announced a Permanent Reduction in Export Taxes; and more news about Latin American agriculture](https://feedsoft.ai/events/13840-argentina-announced-a-permanent-reduction-in-export-taxes-and-more-news-about.md) | +3.3% | +8.6% |
| SBM | 2022-09-22 | [Argentina soy sell-off continues, but sales expected to slow - DatamarNews](https://feedsoft.ai/events/14010-argentina-soy-sell-off-continues-but-sales-expected-to-slow-datamarnews.md) | -6.3% | -9.1% |

## Sources

- news.agropages.com: https://news.agropages.com/News/NewsDetail---23970.htm

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