# Argentina soybean sales stall in June - Markets - Business Recorder

> Argentine farmer soybean sales to commercial buyers stalled in June, falling 45% from May to about 3.8 million tonnes, according to the CIARA-CEC head. Farmers held stocks as a wide gap between official and informal peso exchange rates made exporters reluctant to sell.

- Date: 2024-06-29 · published 2024-06-29T12:00:00.000Z
- Category: trade · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/13915-argentina-soybean-sales-stall-in-june-markets-business-recorder
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Reduced commercial soybean supply for crushing points to lower Argentine soymeal and soyoil exports, supporting meal prices and reducing export availability.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- USDARS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-09-12 | [Argentina soybean sales speed up as prices rise on China demand, US crop concerns - Markets - Business Recorder](https://feedsoft.ai/events/13779-argentina-soybean-sales-speed-up-as-prices-rise-on-china-demand-us-crop.md) | +1.8% | +0.9% |
| SOY | 2022-08-02 | [Argentina exports $3.2 bn in farm products - Markets - Business Recorder](https://feedsoft.ai/events/14013-argentina-exports-3-2-bn-in-farm-products-markets-business-recorder.md) | +1.6% | -3.7% |
| SOY | 2024-07-01 | [Argentina Soybean Sales Stall in June as Currency Gap Widens](https://feedsoft.ai/events/13910-argentina-soybean-sales-stall-in-june-as-currency-gap-widens.md) | +2.1% | -8.3% |
| SOY | 2026-04-12 | [Soybeans hit two-week high as soymeal jumps - Markets - Business Recorder](https://feedsoft.ai/events/11663-soybeans-hit-two-week-high-as-soymeal-jumps-markets-business-recorder.md) | -0.7% | +1.6% |
| SOY | 2020-12-25 | [China's Nov soybean imports from U.S. surge on year after trade deal - Markets - Business Recorder](https://feedsoft.ai/events/49498-china-s-nov-soybean-imports-from-u-s-surge-on-year-after-trade-deal-markets.md) | +4.2% | +8.4% |
| SBM | 2022-08-02 | [Argentina exports $3.2 bn in farm products - Markets - Business Recorder](https://feedsoft.ai/events/14013-argentina-exports-3-2-bn-in-farm-products-markets-business-recorder.md) | +1.9% | -2.0% |
| SBM | 2024-07-01 | [Argentina Soybean Sales Stall in June as Currency Gap Widens](https://feedsoft.ai/events/13910-argentina-soybean-sales-stall-in-june-as-currency-gap-widens.md) | +3.5% | -2.1% |
| SBM | 2026-04-12 | [Soybeans hit two-week high as soymeal jumps - Markets - Business Recorder](https://feedsoft.ai/events/11663-soybeans-hit-two-week-high-as-soymeal-jumps-markets-business-recorder.md) | +0.7% | -1.2% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40310465

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