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Analyst Javier Preciado Patiño projected Argentina’s corn crop at a record 71 million tonnes, with wheat output around 28 million tonnes and soybeans at 50–51 million tonnes. He also estimated October corn shipments at 3.8 million tonnes, with Indonesia the leading destination, followed by new demand from Vietnam and Algeria amid Black Sea supply problems and a smaller European crop.
A record corn crop points to greater Argentine export availability and could weigh on corn prices, while expanded overseas demand may absorb some of the additional supply. The wheat estimate and exports from competing origins may also affect regional wheat balances.
argenfields.comRedacción ArgenFieldsNov 5, 2026After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% 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.
