Soybeans charge higher amid reports of flooding in Argentina

After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.

• May 23, 2025Heavy Rains Cause Major Flooding in Key Argentine Soybean Region-2.4%
• Apr 12, 2017Flooding In Argentina May Delay Soy Crop Harvesting | Investing.com+1.2%
• Apr 19, 2023Soybean and soybean oil prices are rising amid another cut in Argentina’s crop forecasts-4.9%
• May 8, 2017Argentina flooding impacts soybean production - NASA Science-0.9%
• Jan 22, 2018The price of soybean meal is increasing due to the reduction in exports from Argentina+0.8%

After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.

• Nov 14, 2022Argentina exchange cuts wheat outlook again, rains spell hope for soy+0.8%
• Sep 26, 2024Argentine exchange forecasts soybean harvest at 52 mln tons+1.0%
• Mar 18, 2022Soybeans rise on firm vegoils, Argentina crop concerns; corn steady - Markets - Business Recorder+14.9%
• Mar 8, 2021Soybeans hit highest in almost 7 years on S.American crop worry | Financial Post-2.8%
• Dec 31, 2024Drought is a problem for soybeans in Argentina - Grains & Commodity Analysis | Boerenbusiness. Nl-1.7%