
Argentina's Buenos Aires grains exchange reported sorghum planting at 10.5% of the 750,000 hectares projected, soybeans at 4.7% of about 17 million hectares, and corn at 50.5% of 8.4 million hectares. Soybean planting is running ahead of last year and the five-year average, while southern Córdoba is lagging because of dry, poorly trafficked soils.
Faster planting after recent rains supports the outlook for Argentine soy complex and corn output and export availability, which can ease pressure on global supply. Lagging areas in Córdoba are a small offset if weather stays uneven.
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.
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.
Not enough comparable past events yet for a historical read.
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.