
Coninagro projects Argentina's 2026/27 main grain crop at 157.9 million tonnes, up 0.5% from the previous cycle, with maize at 66 million tonnes and soybeans at 53.6 million tonnes. The report warns that higher fuel, freight and labour costs have reduced farmers' purchasing power for soybeans and maize.
A larger Argentine crop adds export supply, which is mildly bearish for corn and soybean prices, while higher input costs may limit planting and marketing decisions.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.