# Marketplace®

> Marketplace reports that global soybean supplies have grown, pushing prices down over the past two years, largely because of expanded Brazilian production driven by Chinese demand. China has been buying more Brazilian beans after US retaliatory tariffs, while still purchasing some US soybeans.

- Date: 2024-11-26 · published 2024-11-26T12:00:00.000Z
- Category: trade · region Global · magnitude low
- Page: https://feedsoft.ai/events/27431-marketplace
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Ample global supply from Brazil keeps soybean and meal prices under pressure and limits US farmers' selling options, with Chinese trade policy a key swing factor.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-11-21 | [CEPM Corn Market n°195 \| Maiz'Europ'](https://feedsoft.ai/events/56097-cepm-corn-market-n-195-maiz-europ.md) | -2.5% | +2.2% |
| SOY | 2019-05-28 | [A changing global soybean market](https://feedsoft.ai/events/59137-a-changing-global-soybean-market.md) | +5.9% | +9.6% |
| SOY | 2025-09-26 | [Grain Market Review: Oilseeds \| World Grain](https://feedsoft.ai/events/22993-grain-market-review-oilseeds-world-grain.md) | +1.1% | +3.2% |
| SOY | 2018-09-27 | [Watch the grain markets this fall - Grainews](https://feedsoft.ai/events/63075-watch-the-grain-markets-this-fall-grainews.md) | +1.4% | +0.0% |
| SOY | 2019-05-10 | [Grain market week in review - May 10, 2019](https://feedsoft.ai/events/5736-grain-market-week-in-review-may-10-2019.md) | +4.9% | +7.0% |
| SBM | 2019-05-28 | [A changing global soybean market](https://feedsoft.ai/events/59137-a-changing-global-soybean-market.md) | +6.7% | +5.7% |
| SBM | 2018-03-23 | [Asian markets jittery over trade war fears](https://feedsoft.ai/events/66230-asian-markets-jittery-over-trade-war-fears.md) | +4.3% | +1.7% |
| SBM | 2017-04-13 | [Market report of India's soymeal - Benison Media](https://feedsoft.ai/events/71574-market-report-of-india-s-soymeal-benison-media.md) | -1.5% | -0.5% |

## Sources

- marketplace.org: https://www.marketplace.org/story/2024/11/26/a-global-glut-of-soybeans-has-been-pushing-down-prices

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