# The price of soybean meal is increasing due to the reduction in exports from Argentina

> European feed buyers are concerned about Argentine soybean meal supply after poor crop conditions, with only 37.3% of the crop rated good to excellent versus 52.6% a year earlier. Last Argentine meal shipments to the EU are scheduled for January 20 and 31, with a supply gap expected until March. CIF Rotterdam Argentine meal rose $8 per ton to $384.

- Date: 2018-01-22 · published 2018-01-22T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/12098-the-price-of-soybean-meal-is-increasing-due-to-the-reduction-in-exports-from
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A supply gap in Argentine meal into Europe supports meal prices and encourages soybean imports and higher soybean procurement costs. Buyers should expect firm meal pricing until supplies resume in March.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2025-01-16 | [EU soybean meal prices rise as Argentina's drought impacts production](https://feedsoft.ai/events/26587-eu-soybean-meal-prices-rise-as-argentina-s-drought-impacts-production.md) | +3.5% | -2.5% |
| SBM | 2023-07-18 | [Brazil to surpass Argentina in global soybean meal exports in 2023 - DatamarNews](https://feedsoft.ai/events/35116-brazil-to-surpass-argentina-in-global-soybean-meal-exports-in-2023-datamarnews.md) | +2.6% | +5.3% |
| SBM | 2017-05-08 | [Argentina flooding impacts soybean production - NASA Science](https://feedsoft.ai/events/70864-argentina-flooding-impacts-soybean-production-nasa-science.md) | -0.8% | -3.7% |
| SBM | 2019-12-17 | [Delay in the pace of soybean planting could compromise production potential - Revista Cultivar](https://feedsoft.ai/events/55417-delay-in-the-pace-of-soybean-planting-could-compromise-production-potential.md) | +0.0% | -0.4% |
| SBM | 2023-04-19 | [Soybean and soybean oil prices are rising amid another cut in Argentina’s crop forecasts](https://feedsoft.ai/events/36470-soybean-and-soybean-oil-prices-are-rising-amid-another-cut-in-argentina-s-crop.md) | -4.5% | -7.2% |
| SOY | 2025-01-16 | [EU soybean meal prices rise as Argentina's drought impacts production](https://feedsoft.ai/events/26587-eu-soybean-meal-prices-rise-as-argentina-s-drought-impacts-production.md) | +2.2% | -1.2% |
| SOY | 2023-07-18 | [Brazil to surpass Argentina in global soybean meal exports in 2023 - DatamarNews](https://feedsoft.ai/events/35116-brazil-to-surpass-argentina-in-global-soybean-meal-exports-in-2023-datamarnews.md) | +2.6% | -6.3% |
| SOY | 2017-01-04 | [Soybeans charge higher amid reports of flooding in Argentina](https://feedsoft.ai/events/73022-soybeans-charge-higher-amid-reports-of-flooding-in-argentina.md) | +1.9% | +5.1% |

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/tcina-na-soevij-shrot-zrostae-cherez-skorochennya-eksportu-z-argentini.html

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