# March WASDE reduces forecast for 2024-’25 soybean oil use in biofuel production  | Biomass Magazine

> A weekly soybean oil update reports that a nationwide strike in Argentina halted soybean processing plants after March 13, disrupting exports from the largest soyoil and meal exporter. Ukrainian soyoil exports also rose sharply in the first half of the crop year.

- Date: 2025-03-12 · published 2025-03-12T12:00:00.000Z
- Category: logistics · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/25672-march-wasde-reduces-forecast-for-2024-25-soybean-oil-use-in-biofuel-production
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Argentine processing stoppages cut global soymeal and soyoil export supply, which supports prices for both products until plants resume operating.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2024-09-30 | [Palm Oil News - The Lack of Soyoil in Brazil Made Supply Crisis to Biodiesel Production](https://feedsoft.ai/events/28408-palm-oil-news-the-lack-of-soyoil-in-brazil-made-supply-crisis-to-biodiesel.md) | +0.5% | +2.2% |
| SBO | 2024-09-20 | [Fueling progress - American Soybean Association](https://feedsoft.ai/events/15181-fueling-progress-american-soybean-association.md) | +3.2% | +0.5% |
| SBO | 2021-09-28 | [Argentine exports of soy and oil products down $620 mi due to low water level on Paraná River - DatamarNews](https://feedsoft.ai/events/44929-argentine-exports-of-soy-and-oil-products-down-620-mi-due-to-low-water-level-on.md) | +0.7% | +8.1% |
| SBO | 2024-08-06 | [Processed soybean workers in Argentina launch strike over wage dispute](https://feedsoft.ai/events/13904-processed-soybean-workers-in-argentina-launch-strike-over-wage-dispute.md) | +0.6% | +1.9% |
| SBO | 2026-01-23 | [Ukraine Sunflower Prices Hit Season Highs in 2025/2026 Marketing Year \| Межа](https://feedsoft.ai/events/12814-ukraine-sunflower-prices-hit-season-highs-in-2025-2026-marketing-year.md) | +2.6% | +9.0% |
| SBM | 2022-03-24 | [DDGS Weekly Market Report – March 24, 2022 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/42380-ddgs-weekly-market-report-march-24-2022-u-s-grains-and-bioproducts-council.md) | -2.7% | -3.8% |
| SBM | 2023-06-22 | [Market Perspectives – June 22, 2023 - Page 9 of 9 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/35383-market-perspectives-june-22-2023-page-9-of-9-u-s-grains-and-bioproducts-council.md) | -7.3% | +1.1% |
| SBM | 2017-07-06 | [The record high soybean import is cause for the Chinese ports' collapse.](https://feedsoft.ai/events/70039-the-record-high-soybean-import-is-cause-for-the-chinese-ports-collapse.md) | +5.7% | -2.4% |

## Sources

- biomassmagazine.com: https://biomassmagazine.com/articles/march-wasde-reduces-forecast-for-2024-25-soybean-oil-use-in-biofuel-production

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