# South American Gains Export Share at Expense of U.S.

> Grain and oilseed markets rallied in early December on fund buying, after forecasts that 30-40% of Argentina could face dry conditions over the next three months. USDA figures show combined Argentine and Brazilian corn and soybean exports rising as a share of US exports.

- Date: 2016-12-07 · published 2016-12-07T12:00:00.000Z
- Category: trade · region South America · magnitude low
- Page: https://feedsoft.ai/events/73323-south-american-gains-export-share-at-expense-of-u-s
- 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

Growing South American export share limits US export demand, while dryness in Argentina adds upside risk to corn and soy prices in the near term.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-01-30 | [China Turns to South America for Soybeans as U.S. Corn, Sorghum Exports Gain Momentum - RFD](https://feedsoft.ai/events/21112-china-turns-to-south-america-for-soybeans-as-u-s-corn-sorghum-exports-gain.md) | +0.7% | +0.3% |
| CORN | 2021-09-17 | [Black Sea corn reaps the rewards of US, South America export woes - Fastmarkets](https://feedsoft.ai/events/44921-black-sea-corn-reaps-the-rewards-of-us-south-america-export-woes-fastmarkets.md) | -4.3% | -5.3% |
| CORN | 2017-10-19 | [U.S. grains: Soy, wheat, corn firm on export demand - AgCanada](https://feedsoft.ai/events/68544-u-s-grains-soy-wheat-corn-firm-on-export-demand-agcanada.md) | +0.4% | -5.5% |
| CORN | 2017-09-22 | [U.S. grains: Soy at six-week top on exports, yield uncertainty - Grainews](https://feedsoft.ai/events/68992-u-s-grains-soy-at-six-week-top-on-exports-yield-uncertainty-grainews.md) | +0.2% | +2.5% |
| CORN | 2025-05-06 | [March U.S. Ethanol and DDGS Exports Post Strong Gains](https://feedsoft.ai/events/24661-march-u-s-ethanol-and-ddgs-exports-post-strong-gains.md) | -1.4% | +0.3% |
| SOY | 2016-10-27 | [U.S. grains: Soybeans rise on export sales, soymeal gains - Grainews](https://feedsoft.ai/events/9239-u-s-grains-soybeans-rise-on-export-sales-soymeal-gains-grainews.md) | -3.3% | +3.6% |
| SOY | 2017-10-19 | [U.S. grains: Soy, wheat, corn firm on export demand - AgCanada](https://feedsoft.ai/events/68544-u-s-grains-soy-wheat-corn-firm-on-export-demand-agcanada.md) | -0.9% | -0.8% |
| SOY | 2026-08-27 | [Oilseeds: Soybeans Are Gaining Momentum; Exports Are](https://feedsoft.ai/events/17964-oilseeds-soybeans-are-gaining-momentum-exports-are.md) | +3.6% | +5.7% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/Ag/blogs/fundamentally-speaking/blog-post/2016/12/07/south-american-gains-export-share-u

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