# Soybeans charge higher amid reports of flooding in Argentina

> Soybean futures climbed on reports of flooding in Argentina's Santa Fe province, a key soybean producer, pushing January and March contracts back above $10 a bushel. Wheat rose after lower condition ratings for Kansas and Oklahoma crops.

- Date: 2017-01-04 · published 2017-01-04T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/73022-soybeans-charge-higher-amid-reports-of-flooding-in-argentina
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Flood damage in a major soybean area threatens meal supply, supporting feed ingredient prices.

## Read by commodity

- SOY: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-05-23 | [Heavy Rains Cause Major Flooding in Key Argentine Soybean Region](https://feedsoft.ai/events/13860-heavy-rains-cause-major-flooding-in-key-argentine-soybean-region.md) | -2.4% | -0.8% |
| SOY | 2017-04-12 | [Flooding In Argentina May Delay Soy Crop Harvesting \| Investing.com](https://feedsoft.ai/events/71348-flooding-in-argentina-may-delay-soy-crop-harvesting-investing-com.md) | +1.2% | +2.4% |
| SOY | 2023-04-19 | [Soybean and soybean oil prices are rising amid another cut in Argentina’s crop forecasts](https://feedsoft.ai/events/36470-soybean-and-soybean-oil-prices-are-rising-amid-another-cut-in-argentina-s-crop.md) | -4.9% | -10.2% |
| SOY | 2017-05-08 | [Argentina flooding impacts soybean production - NASA Science](https://feedsoft.ai/events/70864-argentina-flooding-impacts-soybean-production-nasa-science.md) | -0.9% | -4.3% |
| SOY | 2018-01-22 | [The price of soybean meal is increasing due to the reduction in exports from Argentina](https://feedsoft.ai/events/12098-the-price-of-soybean-meal-is-increasing-due-to-the-reduction-in-exports-from.md) | +0.8% | +4.5% |
| WHEAT | 2022-11-14 | [Argentina exchange cuts wheat outlook again, rains spell hope for soy](https://feedsoft.ai/events/13999-argentina-exchange-cuts-wheat-outlook-again-rains-spell-hope-for-soy.md) | +0.8% | +0.0% |
| WHEAT | 2024-09-26 | [Argentine exchange forecasts soybean harvest at 52 mln tons](https://feedsoft.ai/events/13902-argentine-exchange-forecasts-soybean-harvest-at-52-mln-tons.md) | +1.0% | -6.2% |
| WHEAT | 2022-03-18 | [Soybeans rise on firm vegoils, Argentina crop concerns; corn steady - Markets - Business Recorder](https://feedsoft.ai/events/42293-soybeans-rise-on-firm-vegoils-argentina-crop-concerns-corn-steady-markets.md) | +14.9% | +5.2% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/soybeans-charge-higher-amid-reports-of-flooding-in-argentina

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