# News from Argentina

> Oil World data show Argentina's 2017 soybean area at 18.5 million hectares, down from a prior forecast of 19.1 million, with a crop forecast of 54 million tonnes and yield about 2% below last year. Early-September soybean stocks hit a record 32 million tonnes, while poor farmer sales have kept crushing and exports low.

- Date: 2017-09-24 · published 2017-09-24T12:00:00.000Z
- Category: report · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/68792-news-from-argentina
- 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 smaller Argentine crop is supportive for soybeans, but record stocks and slow farmer selling limit the upside, and weaker crush and export expectations point to pressure on soybean meal and oil export prices.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-03-03 | [USDA FAS lowers Argentina soybean outlook - Brownfield Ag News](https://feedsoft.ai/events/47978-usda-fas-lowers-argentina-soybean-outlook-brownfield-ag-news.md) | +1.9% | -3.3% |
| SOY | 2021-01-14 | [Argentine soyabean production to fall](https://feedsoft.ai/events/49004-argentine-soyabean-production-to-fall.md) | -2.9% | -3.1% |
| SOY | 2017-03-01 | [Argentina: Corn Areas Forecast Has Been Increased; Soybean Areas Forecast Has Been Decreased](https://feedsoft.ai/events/71851-argentina-corn-areas-forecast-has-been-increased-soybean-areas-forecast-has.md) | -1.0% | -5.2% |
| 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 | 2023-02-03 | [USDA FAS cuts Argentina soybean guess, sees big Brazil corn crop](https://feedsoft.ai/events/37252-usda-fas-cuts-argentina-soybean-guess-sees-big-brazil-corn-crop.md) | -1.0% | -0.2% |
| SBM | 2025-07-01 | [Argentina finishing big soybean harvest](https://feedsoft.ai/events/13849-argentina-finishing-big-soybean-harvest.md) | -1.5% | -2.2% |
| SBM | 2019-06-15 | [Good sales prospects from China for Argentina's 56 million tons of soybeans — MercoPress](https://feedsoft.ai/events/58441-good-sales-prospects-from-china-for-argentina-s-56-million-tons-of-soybeans.md) | -2.4% | -3.7% |
| SBM | 2026-09-30 | [BAGE forecasts Argentina’s soybean crop at 53.6 mln tons](https://feedsoft.ai/events/13774-bage-forecasts-argentina-s-soybean-crop-at-53-6-mln-tons.md) | -1.3% | -3.9% |

## Sources

- grainsprices.com: https://grainsprices.com/article/13218

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