# Dryness in Argentina offers hope for market speculators | World-grain.com | December 22, 2016 18:41 | World Grain

> Dry weather in Argentina, with warm to hot temperatures, has stressed crops and revived speculative interest in grain futures after a lackluster period. Traders had little reason to be bullish given the record US corn and soybean crop and strong Brazilian prospects.

- Date: 2016-12-22 · published 2016-12-22T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/73321-dryness-in-argentina-offers-hope-for-market-speculators-world-grain-com
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Dryness in Argentina threatens soybean and corn output from a major exporter, which can support prices if the stress persists into the crop's critical stages.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-12-18 | [Argentina’s farmers sweating out dryness \| World-grain.com \| December 18, 2017 14:10 \| World Grain](https://feedsoft.ai/events/67322-argentina-s-farmers-sweating-out-dryness-world-grain-com-december-18-2017-14-10.md) | +0.8% | +0.0% |
| CORN | 2019-09-30 | [Dryness impacting Argentine crops \| 2019-09-30  \| World Grain](https://feedsoft.ai/events/56912-dryness-impacting-argentine-crops-2019-09-30-world-grain.md) | -0.9% | +1.1% |
| CORN | 2018-12-26 | [Is dryness in Brazil’s crop country an omen? \| 2018-12-26  \| World Grain](https://feedsoft.ai/events/61419-is-dryness-in-brazil-s-crop-country-an-omen-2018-12-26-world-grain.md) | -0.3% | +0.6% |
| CORN | 2018-05-22 | [Southern Brazil drying a concern \| World-grain.com \| May 22, 2018 16:19 \| World Grain](https://feedsoft.ai/events/64861-southern-brazil-drying-a-concern-world-grain-com-may-22-2018-16-19-world-grain.md) | +0.7% | -7.9% |
| CORN | 2026-01-05 | [Dryness in US, Canada worth monitoring \| World Grain](https://feedsoft.ai/events/13027-dryness-in-us-canada-worth-monitoring-world-grain.md) | +0.9% | -1.1% |
| SOY | 2017-12-18 | [Argentina’s farmers sweating out dryness \| World-grain.com \| December 18, 2017 14:10 \| World Grain](https://feedsoft.ai/events/67322-argentina-s-farmers-sweating-out-dryness-world-grain-com-december-18-2017-14-10.md) | -1.8% | +0.2% |
| SOY | 2019-09-30 | [Dryness impacting Argentine crops \| 2019-09-30  \| World Grain](https://feedsoft.ai/events/56912-dryness-impacting-argentine-crops-2019-09-30-world-grain.md) | +3.8% | +4.2% |
| SOY | 2018-12-26 | [Is dryness in Brazil’s crop country an omen? \| 2018-12-26  \| World Grain](https://feedsoft.ai/events/61419-is-dryness-in-brazil-s-crop-country-an-omen-2018-12-26-world-grain.md) | +1.2% | +3.6% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/10259-dryness-in-argentina-offers-hope-for-market-speculators

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