# Grainy days - Splash247

> Flooding in Buenos Aires, Córdoba and Santa Fe followed a dry December, forcing evacuations and damaging soybean fields. Exchanges estimate planting area declines of 300,000 to 400,000 hectares, possibly up to 600,000.

- Date: 2017-01-17 · published 2017-01-17T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/72845-grainy-days-splash247
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lost Argentine soybean area reduces exportable supply of soy and meal, which supports prices for protein meal used in feed.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-05-26 | [Growing Degree Days So Far](https://feedsoft.ai/events/70856-growing-degree-days-so-far.md) | -1.9% | -3.7% |
| SOY | 2017-01-24 | [SAM trumps Uncle Sam… - Grain Central](https://feedsoft.ai/events/72846-sam-trumps-uncle-sam-grain-central.md) | -3.3% | -3.0% |
| SOY | 2017-05-01 | [Daily market wire 2 May 2017 - Grain Central](https://feedsoft.ai/events/6137-daily-market-wire-2-may-2017-grain-central.md) | +1.9% | -2.0% |
| SOY | 2019-05-30 | [U.S. planting delays could hurt yields, quality \| 2019-05-30  \| World Grain](https://feedsoft.ai/events/58938-u-s-planting-delays-could-hurt-yields-quality-2019-05-30-world-grain.md) | -0.3% | +2.6% |
| SOY | 2019-05-29 | [How high can grain prices grow \| Saxo](https://feedsoft.ai/events/10898-how-high-can-grain-prices-grow-saxo.md) | +3.0% | +5.5% |
| SBM | 2017-01-24 | [SAM trumps Uncle Sam… - Grain Central](https://feedsoft.ai/events/72846-sam-trumps-uncle-sam-grain-central.md) | -2.6% | -1.8% |
| SBM | 2019-05-30 | [U.S. planting delays could hurt yields, quality \| 2019-05-30  \| World Grain](https://feedsoft.ai/events/58938-u-s-planting-delays-could-hurt-yields-quality-2019-05-30-world-grain.md) | -0.4% | -1.8% |
| SBM | 2018-03-05 | [Argentina drought bakes crops, sparks grain price rally](https://feedsoft.ai/events/65847-argentina-drought-bakes-crops-sparks-grain-price-rally.md) | -4.7% | -3.3% |

## Sources

- splash247.com: https://splash247.com/grainy-days/

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