# Agricultural FX liquidation: October set a historic record | Agroempresario.com

> Argentina's agro-exporters brought in US$2.88 billion in foreign currency in October 2026, the highest October figure in 25 years, though down 10% from September. Year-to-date inflows through October reached US$25.16 billion, 14% below the same period a year earlier. CIARA-CEC attributed the month's result to corn and soybean sales and meal crushing, plus wheat shipments from the 2025/26 crop.

- Date: 2026-11-03 · published 2026-11-03T13:36:40.719Z
- Category: trade · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/77778-agricultural-fx-liquidation-october-set-a-historic-record-agroempresario-com
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Strong export liquidation signals heavy Argentine sales of corn, soybeans and meal into global markets, adding supply pressure on feed commodities. The year-to-date shortfall points to slower flows overall, partly because of the earlier duty-cut rush.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-06-16 | [China hits U.S. agriculture with retaliation](https://feedsoft.ai/events/64580-china-hits-u-s-agriculture-with-retaliation.md) | -0.9% | -3.9% |
| CORN | 2017-10-06 | [Texas Agriculture • October 6, 2017 • WTO to Investigate Claims China Restricting U.S. Corn, Rice, Wheat](https://feedsoft.ai/events/68325-texas-agriculture-october-6-2017-wto-to-investigate-claims-china-restricting-u.md) | -0.4% | -0.8% |
| CORN | 2025-05-27 | [Retaliatory Tariffs on U.S. Agriculture and USDA’s Responses: Frequently Asked Questions - EveryCRSReport.com](https://feedsoft.ai/events/14665-retaliatory-tariffs-on-u-s-agriculture-and-usda-s-responses-frequently-asked.md) | -2.1% | -6.4% |
| CORN | 2019-09-05 | [Retaliatory Tariffs and U.S. Agriculture - EveryCRSReport.com](https://feedsoft.ai/events/57078-retaliatory-tariffs-and-u-s-agriculture-everycrsreport-com.md) | -2.8% | +3.3% |
| CORN | 2021-11-17 | [Mexico Measures on Agricultural Biotechnology Letter \| mobio.org](https://feedsoft.ai/events/44038-mexico-measures-on-agricultural-biotechnology-letter-mobio-org.md) | +1.0% | +3.9% |
| SOY | 2018-06-16 | [China hits U.S. agriculture with retaliation](https://feedsoft.ai/events/64580-china-hits-u-s-agriculture-with-retaliation.md) | -1.2% | -8.4% |
| SOY | 2021-02-09 | [COMMENTARY \| Left off the list: Canada misses out on agricultural trade opportunities in China Canada West FoundationCanada West Foundation](https://feedsoft.ai/events/48615-commentary-left-off-the-list-canada-misses-out-on-agricultural-trade.md) | -0.2% | +3.9% |
| SOY | 2025-05-27 | [Retaliatory Tariffs on U.S. Agriculture and USDA’s Responses: Frequently Asked Questions - EveryCRSReport.com](https://feedsoft.ai/events/14665-retaliatory-tariffs-on-u-s-agriculture-and-usda-s-responses-frequently-asked.md) | -2.5% | -1.3% |

## Sources

- agroempresario.com: https://agroempresario.com/publicacion/123317/liquidacion-de-divisas-del-agro-octubre-marco-un-record-historico/

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