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The Rosario Board of Trade said expected rainfall accumulation in November and December has declined, with a cold Atlantic and other factors moderating El Niño’s effects. October conditions were favorable for first-crop soybean planting and wheat development; November rains were more widespread, though localized hail affected parts of the central region.
Less expected rainfall could increase weather risk for Argentine crops and lend support to soybean and wheat prices, although favorable October conditions and the moderating factors temper the threat.
sonde.arBruno SarmientoNov 9, 2026After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.
After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% 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.
