# While the world watches the Pope, the countryside debates its own agenda

> Argentine agricultural markets were quiet during holidays and the Pope's visit, but Chicago soybean and corn prices jumped over 3% and 2.5% after the USDA report predicted smaller-than-expected volumes. Local Argentine prices are expected to recover toward recent levels.

- Date: 2026-11-12 · published 2026-11-12T13:36:16.003Z
- Category: report · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/95598-while-the-world-watches-the-pope-the-countryside-debates-its-own-agenda
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A tighter US stocks-to-use outlook lifts global soybean and corn benchmarks, which feeds into Argentine export and local prices and therefore feed input costs for buyers.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-01-12 | [New WASDE: World Agricultural Supply & Demand Estimates \| The Mighty 790 KFGO \| KFGO](https://feedsoft.ai/events/49094-new-wasde-world-agricultural-supply-and-demand-estimates-the-mighty-790-kfgo.md) | +0.8% | +2.0% |
| SOY | 2018-02-01 | [China’s rice, soybean imports top the world in 2017 - People's Daily Online](https://feedsoft.ai/events/66383-china-s-rice-soybean-imports-top-the-world-in-2017-people-s-daily-online.md) | -1.3% | +6.2% |
| SOY | 2020-11-17 | [The WASDE Slashes Global Grains Stock Estimates \| CZ app](https://feedsoft.ai/events/50094-the-wasde-slashes-global-grains-stock-estimates-cz-app.md) | +3.3% | +2.7% |
| SOY | 2022-10-20 | [AFBF Farm Bil Priorities and WASDE Estimates Mixed - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/39099-afbf-farm-bil-priorities-and-wasde-estimates-mixed-ag-information-network-of.md) | +0.7% | +4.1% |
| SOY | 2025-02-11 | [USDA Cuts World Corn, Soybean, Wheat Ending Stocks](https://feedsoft.ai/events/25989-usda-cuts-world-corn-soybean-wheat-ending-stocks.md) | -1.0% | -4.9% |
| CORN | 2026-08-14 | [bne IntelliNews - The Black Sea war sends world wheat prices up](https://feedsoft.ai/events/14096-bne-intellinews-the-black-sea-war-sends-world-wheat-prices-up.md) | +4.0% | +10.7% |
| CORN | 2017-07-11 | [Focus on the United States \| World-grain.com \| July 11, 2017 19:59 \| World Grain](https://feedsoft.ai/events/70016-focus-on-the-united-states-world-grain-com-july-11-2017-19-59-world-grain.md) | -4.3% | -4.6% |
| CORN | 2022-04-15 | [Latest WASDE Slightly Disappointing for Wheat and Corn - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/41803-latest-wasde-slightly-disappointing-for-wheat-and-corn-ag-information-network.md) | +2.1% | -0.0% |

## Sources

- examedia.com.ar: https://www.examedia.com.ar/portada/post/88223238

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