# Argentina: Corn Areas Forecast Has Been Increased; Soybean Areas Forecast Has Been Decreased

> Argentina's Ministry of Agriculture raised its total crop area forecast by 50,000 ha to 7.3 million ha, with gains in Cordoba and Buenos Aires. The soybean area forecast was cut by 0.35 million ha to 19.45 million ha, the lowest in five years, with the largest declines in Cordoba and Santa Fe.

- Date: 2017-03-01 · published 2017-03-01T12:00:00.000Z
- Category: report · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/71851-argentina-corn-areas-forecast-has-been-increased-soybean-areas-forecast-has
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A smaller Argentine soybean area tightens the global soy and meal supply outlook, supporting soybean prices. The larger corn area adds supply to a market that is already well supplied, which weighs on corn prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-03-09 | [Argentina soy harvest could be worst in decades as forecast slashed \| Reuters](https://feedsoft.ai/events/13978-argentina-soy-harvest-could-be-worst-in-decades-as-forecast-slashed-reuters.md) | -2.5% | -1.0% |
| SOY | 2020-09-11 | [USDA Lowers Corn and Soybean Forecasts \| AgWired](https://feedsoft.ai/events/50974-usda-lowers-corn-and-soybean-forecasts-agwired.md) | +4.4% | +6.6% |
| 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% |
| SOY | 2025-04-10 | [US Corn and Soybean Ending Stocks Decrease in 2024/2025](https://feedsoft.ai/events/25067-us-corn-and-soybean-ending-stocks-decrease-in-2024-2025.md) | +2.6% | +2.4% |
| SOY | 2018-03-14 | [Argentina soybean production forecast down 13% \| World-grain.com \| March 14, 2018 19:51 \| World Grain](https://feedsoft.ai/events/65848-argentina-soybean-production-forecast-down-13-world-grain-com-march-14-2018-19.md) | -1.2% | +0.7% |
| CORN | 2022-09-01 | [Conab forecasts increased soybean, corn, and cotton production in Brazil](https://feedsoft.ai/events/13701-conab-forecasts-increased-soybean-corn-and-cotton-production-in-brazil.md) | -1.8% | -2.9% |
| CORN | 2016-08-15 | [USDA adjusts forecasts based on record corn, soybean crops](https://feedsoft.ai/events/9949-usda-adjusts-forecasts-based-on-record-corn-soybean-crops.md) | +2.3% | -0.6% |
| CORN | 2025-07-08 | [Argentina completes 2024/25 soybean harvest](https://feedsoft.ai/events/13846-argentina-completes-2024-25-soybean-harvest.md) | -0.7% | -2.7% |

## Sources

- grainsprices.com: https://grainsprices.com/article/12238

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