# EU soybean meal prices rise as Argentina's drought impacts production

> European soybean meal prices rose about 5% to $366-$377/mt CIF Netherlands since drought was declared in Argentina four weeks earlier, according to a leading supplier. Argentina's Rosario exchange reported crop deterioration in key northern and southern areas due to lack of rain.

- Date: 2025-01-16 · published 2025-01-16T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/26587-eu-soybean-meal-prices-rise-as-argentina-s-drought-impacts-production
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Argentine drought threatens soybean and meal output from a major exporter, tightening global meal supplies and lifting prices for feed buyers in Europe and beyond.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2023-02-14 | [Soybean Meal Futures Rise On Argentina Drought](https://feedsoft.ai/events/37454-soybean-meal-futures-rise-on-argentina-drought.md) | -2.3% | -2.7% |
| SBM | 2017-05-08 | [Argentina flooding impacts soybean production - NASA Science](https://feedsoft.ai/events/70864-argentina-flooding-impacts-soybean-production-nasa-science.md) | -0.8% | -3.7% |
| SBM | 2022-03-23 | [Brazil Drought Impacts Soybean Production - Field Advisor](https://feedsoft.ai/events/13737-brazil-drought-impacts-soybean-production-field-advisor.md) | -2.6% | -2.0% |
| SBM | 2018-01-22 | [The price of soybean meal is increasing due to the reduction in exports from Argentina](https://feedsoft.ai/events/12098-the-price-of-soybean-meal-is-increasing-due-to-the-reduction-in-exports-from.md) | +1.2% | +12.6% |
| SBM | 2017-02-09 | [EarthView–Argentina Flooding Has Major Impact on Soybean Production \| U.S. Geological Survey](https://feedsoft.ai/events/72336-earthview-argentina-flooding-has-major-impact-on-soybean-production-u-s.md) | +1.7% | -5.0% |
| SOY | 2023-02-14 | [Soybean Meal Futures Rise On Argentina Drought](https://feedsoft.ai/events/37454-soybean-meal-futures-rise-on-argentina-drought.md) | +0.4% | -2.8% |
| SOY | 2017-05-08 | [Argentina flooding impacts soybean production - NASA Science](https://feedsoft.ai/events/70864-argentina-flooding-impacts-soybean-production-nasa-science.md) | -0.9% | -4.3% |
| SOY | 2022-03-23 | [Brazil Drought Impacts Soybean Production - Field Advisor](https://feedsoft.ai/events/13737-brazil-drought-impacts-soybean-production-field-advisor.md) | -3.2% | +3.0% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/agriculture/011625-eu-soybean-meal-prices-rise-as-argentinas-drought-impacts-production

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