# Weather clouds agricultural outlook in Argentina

> Floods and drought in Argentina's agricultural heartland could cut 1.3 million hectares from the previously estimated 34.3 million hectare sowing area for the 2016-17 harvest. The harvest is not expected to match last season's record output.

- Date: 2017-01-12 · published 2017-01-12T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/72843-weather-clouds-agricultural-outlook-in-argentina
- 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

A smaller Argentine soybean and corn area reduces South American export supply, supporting world soy complex and feed grain prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-06-09 | [2017 Summer U.S. Agricultural Outlook](https://feedsoft.ai/events/70413-2017-summer-u-s-agricultural-outlook.md) | -0.3% | +6.2% |
| SOY | 2019-01-09 | [Brazil, Argentina Crop Weather Update](https://feedsoft.ai/events/61025-brazil-argentina-crop-weather-update.md) | -1.4% | +1.7% |
| SOY | 2019-02-06 | [Brazil, Argentina Crop Weather Update](https://feedsoft.ai/events/60441-brazil-argentina-crop-weather-update.md) | -0.3% | -3.3% |
| SOY | 2018-02-13 | [Soybeans, meal up on more dry weather in Argentina - Brownfield Ag News](https://feedsoft.ai/events/10479-soybeans-meal-up-on-more-dry-weather-in-argentina-brownfield-ag-news.md) | +2.5% | +3.9% |
| SOY | 2024-02-23 | [Argentina corn and soy outlooks take hit after heat wave](https://feedsoft.ai/events/13939-argentina-corn-and-soy-outlooks-take-hit-after-heat-wave.md) | -1.7% | +5.6% |
| SBM | 2019-01-09 | [Brazil, Argentina Crop Weather Update](https://feedsoft.ai/events/61025-brazil-argentina-crop-weather-update.md) | -2.6% | -2.7% |
| SBM | 2019-02-06 | [Brazil, Argentina Crop Weather Update](https://feedsoft.ai/events/60441-brazil-argentina-crop-weather-update.md) | -0.1% | -2.5% |
| SBM | 2018-02-13 | [Soybeans, meal up on more dry weather in Argentina - Brownfield Ag News](https://feedsoft.ai/events/10479-soybeans-meal-up-on-more-dry-weather-in-argentina-brownfield-ag-news.md) | +5.2% | +4.1% |

## Sources

- doi.org: https://doi.org/10.1108/oxan-db217218

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