# EXCLUSIVE: Exclusive: Paraguay soy crushers, hit by drought, risk running out of beans | Reuters

> Paraguayan soybean crushers, hit by drought, risk running out of beans. The crushers, including large companies such as ADM, Bunge, Cargill and Louis Dreyfus, have petitioned the government's National Economic Team for help.

- Date: 2022-02-16 · published 2022-02-16T12:00:00.000Z
- Category: weather · region Paraguay · magnitude medium
- Page: https://feedsoft.ai/events/14053-exclusive-exclusive-paraguay-soy-crushers-hit-by-drought-risk-running-out-of
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Lower bean supply cuts Paraguayan crush output, reducing meal and oil production and supporting regional soybean and meal prices.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-10-05 | [Exclusive: Argentina's soy crushers face 'disaster' as bean shortage sharpens, chamber head says](https://feedsoft.ai/events/33690-exclusive-argentina-s-soy-crushers-face-disaster-as-bean-shortage-sharpens.md) | -1.6% | +1.4% |
| SOY | 2023-06-26 | [Funds spooked out of CBOT shorts by parched US corn, soy crops  \| Reuters](https://feedsoft.ai/events/35509-funds-spooked-out-of-cbot-shorts-by-parched-us-corn-soy-crops-reuters.md) | +4.2% | +1.9% |
| SOY | 2022-12-02 | [Argentine Exchange: Early Soy in Core Farm Belt Hit by Drought, Outlook Dry](https://feedsoft.ai/events/13992-argentine-exchange-early-soy-in-core-farm-belt-hit-by-drought-outlook-dry.md) | +4.0% | +6.3% |
| SOY | 2023-06-22 | [Central US drought intensifies, threatening grains and soy \| Reuters](https://feedsoft.ai/events/9769-central-us-drought-intensifies-threatening-grains-and-soy-reuters.md) | -4.2% | -1.3% |
| SOY | 2021-02-25 | [Hit by Brazil shipment delays, Chinese soybean crushers forced to shrink output](https://feedsoft.ai/events/48716-hit-by-brazil-shipment-delays-chinese-soybean-crushers-forced-to-shrink-output.md) | -0.9% | +0.6% |
| SBM | 2023-10-05 | [Exclusive: Argentina's soy crushers face 'disaster' as bean shortage sharpens, chamber head says](https://feedsoft.ai/events/33690-exclusive-argentina-s-soy-crushers-face-disaster-as-bean-shortage-sharpens.md) | +1.1% | +16.2% |
| SBM | 2022-12-02 | [Argentine Exchange: Early Soy in Core Farm Belt Hit by Drought, Outlook Dry](https://feedsoft.ai/events/13992-argentine-exchange-early-soy-in-core-farm-belt-hit-by-drought-outlook-dry.md) | +10.1% | +12.6% |
| SBM | 2023-06-22 | [Central US drought intensifies, threatening grains and soy \| Reuters](https://feedsoft.ai/events/9769-central-us-drought-intensifies-threatening-grains-and-soy-reuters.md) | -7.3% | +1.1% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/exclusive-paraguay-soy-crushers-hit-by-drought-risk-running-out-beans-2022-02-16/

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