# Argentina's floods head toward soybean areas | Agrifish  | POST Online Media

> Fires in southwest Buenos Aires province and floods in major producing areas have caused losses that could exceed 5 million metric tons. A new cold front and rains were forecast to continue for about five days. Rosario and Buenos Aires exchanges raised their soybean output estimates to 56 to 56.5 million tonnes.

- Date: 2017-04-06 · published 2017-04-06T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/71347-argentina-s-floods-head-toward-soybean-areas-agrifish-post-online-media
- 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

Flood losses and harvest delays in Argentina cut export supply of soybeans and meal, which supports soymeal and soybean prices. Yield resilience and raised official estimates partly offset the damage.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2016-05-10 | [Argentina Floods Spark Biggest Bet On Soybean Rally In Two Years \| ESM Magazine](https://feedsoft.ai/events/6520-argentina-floods-spark-biggest-bet-on-soybean-rally-in-two-years-esm-magazine.md) | +4.5% | +12.0% |
| SOY | 2025-05-23 | [Heavy Rains Cause Major Flooding in Key Argentine Soybean Region](https://feedsoft.ai/events/13860-heavy-rains-cause-major-flooding-in-key-argentine-soybean-region.md) | -2.4% | -0.8% |
| SOY | 2026-01-31 | [Argentina's Soybean Harvest Forecast for 2025/26: 48M Tons](https://feedsoft.ai/events/13816-argentina-s-soybean-harvest-forecast-for-2025-26-48m-tons.md) | +4.8% | +8.1% |
| SOY | 2023-02-14 | [Soybean Meal Futures Rise On Argentina Drought](https://feedsoft.ai/events/37454-soybean-meal-futures-rise-on-argentina-drought.md) | +0.4% | -2.8% |
| SOY | 2025-01-22 | [CBOT corn and soybean prices surge amid drought in Argentina – ProAgri Media](https://feedsoft.ai/events/11810-cbot-corn-and-soybean-prices-surge-amid-drought-in-argentina-proagri-media.md) | -2.1% | -3.3% |
| SBM | 2016-05-10 | [Argentina Floods Spark Biggest Bet On Soybean Rally In Two Years \| ESM Magazine](https://feedsoft.ai/events/6520-argentina-floods-spark-biggest-bet-on-soybean-rally-in-two-years-esm-magazine.md) | +6.2% | +19.9% |
| SBM | 2025-05-23 | [Heavy Rains Cause Major Flooding in Key Argentine Soybean Region](https://feedsoft.ai/events/13860-heavy-rains-cause-major-flooding-in-key-argentine-soybean-region.md) | -0.3% | -4.4% |
| SBM | 2023-02-14 | [Soybean Meal Futures Rise On Argentina Drought](https://feedsoft.ai/events/37454-soybean-meal-futures-rise-on-argentina-drought.md) | -2.3% | -2.7% |

## Sources

- poandpo.com: https://www.poandpo.com/agrifish/argentinas-floods-head-toward-soybean-areas-642017190/

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