Rising US soybean crush set to face off with Argentine supplies into 2025

After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.

• Oct 21, 2026Argentina plans to increase soybean crush and exports in 2026/27-3.1%
• Aug 12, 2026Argentina increases new-crop soybean crushing+2.5%
• Jan 2, 2024Commodities 2024: China's soybean demand set to fall amid impending hog supply cuts-4.2%
• May 25, 2018In US Soybean Splurge, Beijing Faces Tough Sell To Saturated Market | ESM Magazine-0.8%
• Jan 13, 2026Argentina soybean exports forecast to rise | World Grain-1.9%

After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.

• May 25, 2018In US Soybean Splurge, Beijing Faces Tough Sell To Saturated Market | ESM Magazine-1.4%
• Apr 10, 2018Beijing to watch soybean supplies closely as tariff plan triggers price surge-0.5%
• Sep 7, 2026Ahead of Xi's US visit, China's soybean crushers face high costs, weak margins | Reuters-0.7%
• Sep 10, 2019Crushing it: Argentine farmers cheer China soymeal deal while U.S. growers fret+6.5%
• Jul 30, 2026Argentine Soybean Exports Surge Amid Strong Domestic Supply-2.2%