# China soybean crushers short of supplies fear coronavirus upheaval

> Chinese soybean crushers report short supplies and warn of possible delays getting beans to ports due to coronavirus transport restrictions. Delayed Brazilian shipments caused by February rains have cut Chinese soybean inventories to record lows.

- Date: 2020-03-26 · published 2020-03-26T12:00:00.000Z
- Category: logistics · region China · magnitude medium
- Page: https://feedsoft.ai/events/11210-china-soybean-crushers-short-of-supplies-fear-coronavirus-upheaval
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Record-low Chinese inventories and transport disruptions increase import demand for soybeans and support soybean and meal prices, while logistics delays could tighten near-term supply to crushers.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-05-02 | [Argentina’s Soybean Crushers Strike Just as Harvest Gathers Pace](https://feedsoft.ai/events/13921-argentina-s-soybean-crushers-strike-just-as-harvest-gathers-pace.md) | +4.9% | +4.7% |
| SOY | 2022-04-19 | [Argentina port workers to go on strike in the middle of soybean, corn harvest \| S&P Global](https://feedsoft.ai/events/41858-argentina-port-workers-to-go-on-strike-in-the-middle-of-soybean-corn-harvest-s.md) | -0.7% | -3.4% |
| SOY | 2022-10-27 | [China’s Shortage of Pig Feed Set to Ease on Looming Soy Imports - Caixin Global](https://feedsoft.ai/events/39128-china-s-shortage-of-pig-feed-set-to-ease-on-looming-soy-imports-caixin-global.md) | +4.2% | +3.9% |
| SOY | 2017-07-06 | [The record high soybean import is cause for the Chinese ports' collapse.](https://feedsoft.ai/events/70039-the-record-high-soybean-import-is-cause-for-the-chinese-ports-collapse.md) | +4.1% | -1.0% |
| SOY | 2020-03-25 | [Supplying The Soybean - Biz New Orleans](https://feedsoft.ai/events/54032-supplying-the-soybean-biz-new-orleans.md) | -0.1% | -5.9% |
| SBM | 2020-12-14 | [Argentina's soybean crushers pull meal, oil offers as strikes continue - Fastmarkets](https://feedsoft.ai/events/49721-argentina-s-soybean-crushers-pull-meal-oil-offers-as-strikes-continue.md) | +5.6% | +21.5% |
| SBM | 2024-04-29 | [Argentina’s Soybean Crushers Strike Just as Harvest Gathers Pace](https://feedsoft.ai/events/13927-argentina-s-soybean-crushers-strike-just-as-harvest-gathers-pace.md) | +6.0% | +11.1% |
| SBM | 2024-05-02 | [Argentina’s Soybean Crushers Strike Just as Harvest Gathers Pace](https://feedsoft.ai/events/13921-argentina-s-soybean-crushers-strike-just-as-harvest-gathers-pace.md) | +8.4% | +6.3% |

## Sources

- reuters.com: https://www.reuters.com/article/health-coronavirus-china-soybeans/china-soybean-crushers-short-of-supplies-fear-coronavirus-upheaval-idUSL4N2BJ0PP/

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