# Argentina corn, soy in good condition after rain - analysts - Jamestown Sun | News, weather, sports from Jamestown North Dakota

> Argentine meteorologists said rains in the main grains belt during the prior week favored the 2016-17 soybean and corn crops, which are at a key development stage. After floods and drought caused losses in January, the weather has stabilized and expectations for an ample harvest remain intact.

- Date: 2017-02-19 · published 2017-02-19T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/72337-argentina-corn-soy-in-good-condition-after-rain-analysts-jamestown-sun-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Improving Argentine crop prospects add to South American supply, which pressures CBOT soybean and corn futures and weighs on feed grain and meal prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-12-13 | [Soybeans, corn down after rain in South America - Brownfield Ag News](https://feedsoft.ai/events/9262-soybeans-corn-down-after-rain-in-south-america-brownfield-ag-news.md) | +1.4% | +8.4% |
| SOY | 2016-08-24 | [Soybeans, corn down on generally good crop weather - Brownfield Ag News](https://feedsoft.ai/events/10614-soybeans-corn-down-on-generally-good-crop-weather-brownfield-ag-news.md) | -6.6% | -5.7% |
| SOY | 2023-01-18 | [Rain potential in Argentina sends corn, soybeans lower - Brownfield Ag News](https://feedsoft.ai/events/10661-rain-potential-in-argentina-sends-corn-soybeans-lower-brownfield-ag-news.md) | -3.3% | -0.1% |
| SOY | 2024-03-25 | [Argentina soybean harvest accelerates on dryer weather \| Latest Market News](https://feedsoft.ai/events/13934-argentina-soybean-harvest-accelerates-on-dryer-weather-latest-market-news.md) | -0.6% | -2.6% |
| SOY | 2024-10-25 | [Argentina Weather Outlook Positive for Soy and Corn Planting, Meteorologist Says](https://feedsoft.ai/events/27780-argentina-weather-outlook-positive-for-soy-and-corn-planting-meteorologist-says.md) | -1.4% | -1.9% |
| CORN | 2021-12-13 | [Soybeans, corn down after rain in South America - Brownfield Ag News](https://feedsoft.ai/events/9262-soybeans-corn-down-after-rain-in-south-america-brownfield-ag-news.md) | -0.1% | +0.8% |
| CORN | 2016-08-24 | [Soybeans, corn down on generally good crop weather - Brownfield Ag News](https://feedsoft.ai/events/10614-soybeans-corn-down-on-generally-good-crop-weather-brownfield-ag-news.md) | -7.1% | -0.8% |
| CORN | 2023-01-18 | [Rain potential in Argentina sends corn, soybeans lower - Brownfield Ag News](https://feedsoft.ai/events/10661-rain-potential-in-argentina-sends-corn-soybeans-lower-brownfield-ag-news.md) | -1.7% | -1.0% |

## Sources

- jamestownsun.com: https://www.jamestownsun.com/news/argentina-corn-soy-in-good-condition-after-rain-analysts

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