
At the end of October, 19.4 million tonnes of the 2025/26 Argentine soybean crop, or 39% of the harvest, had not been sold or priced. Sales in October fell 49% from September, and the Rosario board price was about US$351 per tonne on November 12.
Large unpriced Argentine stocks mean farmers may release supply later, adding to export availability and limiting upside in soybean meal and oil. Slow farmer selling tends to be mildly bearish for soybean and meal prices.
After 804 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% 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.