# Argentina flooding impacts soybean production - NASA Science

> NASA's Earth Science team reports that heavy rains in late December 2016 and early January 2017 flooded Argentina's soybean provinces. Rosario Grains Exchange estimated nearly 4 million acres of soybeans were damaged. Chicago Board of Trade soybean and soymeal prices hit six-month highs in mid-January.

- Date: 2017-05-08 · published 2017-05-08T12:00:00.000Z
- Category: weather · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/70864-argentina-flooding-impacts-soybean-production-nasa-science
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Flood losses in the third-largest soybean exporter tightened global soy and soymeal supply and lifted prices, raising feed protein costs for buyers.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-02-09 | [EarthView–Argentina Flooding Has Major Impact on Soybean Production \| U.S. Geological Survey](https://feedsoft.ai/events/72336-earthview-argentina-flooding-has-major-impact-on-soybean-production-u-s.md) | +0.2% | -5.5% |
| SOY | 2025-01-16 | [EU soybean meal prices rise as Argentina's drought impacts production](https://feedsoft.ai/events/26587-eu-soybean-meal-prices-rise-as-argentina-s-drought-impacts-production.md) | +2.2% | -1.2% |
| SOY | 2022-03-23 | [Brazil Drought Impacts Soybean Production - Field Advisor](https://feedsoft.ai/events/13737-brazil-drought-impacts-soybean-production-field-advisor.md) | -3.2% | +3.0% |
| SOY | 2017-01-04 | [Soybeans charge higher amid reports of flooding in Argentina](https://feedsoft.ai/events/73022-soybeans-charge-higher-amid-reports-of-flooding-in-argentina.md) | +1.9% | +5.1% |
| SOY | 2018-04-17 | [A Costly Drought in Argentina - NASA Science](https://feedsoft.ai/events/65363-a-costly-drought-in-argentina-nasa-science.md) | -2.0% | -2.8% |
| SBM | 2017-02-09 | [EarthView–Argentina Flooding Has Major Impact on Soybean Production \| U.S. Geological Survey](https://feedsoft.ai/events/72336-earthview-argentina-flooding-has-major-impact-on-soybean-production-u-s.md) | +1.7% | -5.0% |
| SBM | 2025-01-16 | [EU soybean meal prices rise as Argentina's drought impacts production](https://feedsoft.ai/events/26587-eu-soybean-meal-prices-rise-as-argentina-s-drought-impacts-production.md) | +3.5% | -2.5% |
| SBM | 2022-03-23 | [Brazil Drought Impacts Soybean Production - Field Advisor](https://feedsoft.ai/events/13737-brazil-drought-impacts-soybean-production-field-advisor.md) | -2.6% | -2.0% |

## Sources

- science.nasa.gov: https://science.nasa.gov/earth/argentina-flooding-impacts-soybean-production/

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