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The Rosario Grain Exchange cut its Argentine soybean estimate 14 percent, from 46.5 million tons to 40 million, but the futures market barely reacted. USDA forecasts Argentine production at 47 million tons.
Analyst Jamey Kohake expects the actual crop to land in the low 40 million range and says the cut is already priced in.
A roughly 6.5 million ton cut in Argentine supply would normally support soybean prices, but the market has absorbed it and is stuck in its trading range. Prices will need harvest yield results to move decisively.
brownfieldagnews.comMark Dorenkamp2018年3月16日在过去 324 次中性的天气事件之后，大豆 在 5 个交易日内中位数变动 +0.0%（52% 上涨；中间一半区间为 -1.4% 至 +1.7%），20 个交易日内为 +0.7%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
