# Oilseeds prices rebound on Argentina, Malaysia dryness

> Oilseeds rebounded after Argentina's weekend rains proved too light and late to rescue yields, with coverage limited to parts of Cordoba, Santa Fe and Buenos Aires. Argentine February crush fell 9% year on year to 2.37 million tonnes, and May soymeal rose 0.7% to $364.20 per short ton.

- Date: 2018-03-21 · published 2018-03-21T12:00:00.000Z
- Category: weather · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/10260-oilseeds-prices-rebound-on-argentina-malaysia-dryness
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Persistent Argentine dryness and weaker crush keep South American soymeal supplies tight, supporting meal prices against soyoil softness.

## Read by commodity

- SBM: bullish ▲
- SBO: bearish ▼
- SOY: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-01-23 | [Argentina Dryness Continues to Expand](https://feedsoft.ai/events/13814-argentina-dryness-continues-to-expand.md) | +0.8% | +6.9% |
| SOY | 2018-09-10 | [Argentine Oilseed Prospects Dry Up In 2018](https://feedsoft.ai/events/62867-argentine-oilseed-prospects-dry-up-in-2018.md) | -1.3% | +4.4% |
| SOY | 2017-05-02 | [Don't Rain On Me, Argentina](https://feedsoft.ai/events/70865-don-t-rain-on-me-argentina.md) | -0.3% | -4.8% |
| SOY | 2025-01-01 | [A Dual Threat: Potential Excessive Rain in Brazil and Dryness in Argentina](https://feedsoft.ai/events/13529-a-dual-threat-potential-excessive-rain-in-brazil-and-dryness-in-argentina.md) | -1.1% | +4.6% |
| SOY | 2021-03-08 | [Oilseeds daily: crude oil pushes prices upwards - Mundus Agri](https://feedsoft.ai/events/6558-oilseeds-daily-crude-oil-pushes-prices-upwards-mundus-agri.md) | -1.3% | -1.5% |
| SBM | 2026-01-23 | [Argentina Dryness Continues to Expand](https://feedsoft.ai/events/13814-argentina-dryness-continues-to-expand.md) | +0.7% | +4.1% |
| SBM | 2018-09-10 | [Argentine Oilseed Prospects Dry Up In 2018](https://feedsoft.ai/events/62867-argentine-oilseed-prospects-dry-up-in-2018.md) | -2.2% | +0.4% |
| SBM | 2017-05-02 | [Don't Rain On Me, Argentina](https://feedsoft.ai/events/70865-don-t-rain-on-me-argentina.md) | -1.5% | -5.3% |

## Sources

- businessamlive.com: https://businessamlive.com/oilseeds-prices-rebound-on-argentina-malaysia-dryness/

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