
Argentina is projected to crush about 43.5 million tonnes of soybeans in 2026/27, equal to 87% of its crop, according to the November WASDE. It is expected to export 30 million tonnes of meal and 6.75 million tonnes of oil, with only 6.75 million tonnes of beans exported.
Argentina supplies roughly a third of world meal exports and about 45% of world oil exports, so its crush and export pace shapes global meal and oil prices. Falling export taxes and rising competition could shift market share.
After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% 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.