# Drought in South America: Implication on Palm Oil Trade by Brazil and Argentina – MPOC

> The Malaysian Palm Oil Council discusses drought in South America and its implications for palm oil trade, noting Brazil and Argentina's 2022 crop production is expected to affect global markets. The page also includes palm oil price and weather event references.

- Date: 2022-06-28 · published 2022-06-28T12:00:00.000Z
- Category: weather · region South America · magnitude low
- Page: https://feedsoft.ai/events/14030-drought-in-south-america-implication-on-palm-oil-trade-by-brazil-and-argentina
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

South American drought reduces soybean and other oilseed supply, which can support vegetable oil prices and lift palm oil demand as a substitute.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2026-10-22 | [Palm oil prices to stay high next year on Southeast Asia drought](https://feedsoft.ai/events/523-palm-oil-prices-to-stay-high-next-year-on-southeast-asia-drought.md) | -0.4% | — |
| PALMOIL | 2016-12-15 | [Drought cuts Malaysian palm oil production 6% in November  : The Daily Digest](https://feedsoft.ai/events/73574-drought-cuts-malaysian-palm-oil-production-6-in-november-the-daily-digest.md) | -0.4% | -0.7% |
| PALMOIL | 2019-08-20 | [Indonesian planters see drought hitting palm oil output](https://feedsoft.ai/events/57678-indonesian-planters-see-drought-hitting-palm-oil-output.md) | +1.6% | +4.4% |
| PALMOIL | 2018-03-21 | [Oilseeds prices rebound on Argentina, Malaysia dryness](https://feedsoft.ai/events/10260-oilseeds-prices-rebound-on-argentina-malaysia-dryness.md) | +0.2% | +0.3% |
| PALMOIL | 2026-07-01 | [El Niño impact on Malaysian and Indonesian palm oil production \| Report](https://feedsoft.ai/events/18907-el-nino-impact-on-malaysian-and-indonesian-palm-oil-production-report.md) | +0.6% | +0.4% |
| SBO | 2023-02-16 | [In Argentina's drought-hit fields, billion dollar losses and farmers going under](https://feedsoft.ai/events/13981-in-argentina-s-drought-hit-fields-billion-dollar-losses-and-farmers-going-under.md) | +1.9% | -6.8% |
| SBO | 2022-02-25 | [Soybean Prices Rise as Drought in South America Reduces Harvest - farmdoc daily](https://feedsoft.ai/events/42625-soybean-prices-rise-as-drought-in-south-america-reduces-harvest-farmdoc-daily.md) | +3.6% | -2.1% |
| SBO | 2022-12-15 | [La Nina Pattern Continues Through December for South America](https://feedsoft.ai/events/38162-la-nina-pattern-continues-through-december-for-south-america.md) | -0.0% | -2.6% |

## Sources

- mpoc.org.my: https://www.mpoc.org.my/drought-in-south-america-implication-on-palm-oil-trade-by-brazil-and-argentina/

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