# Watch for These Four Market Movers in the New Year

> United Soybean Board's Mac Marshall outlines four 2024 market drivers, including new US crush capacity and record soymeal exports, which are running 20% ahead of last year's pace. He also flags Argentina's export tax changes under a new government as a competitive factor.

- Date: 2023-12-21 · published 2023-12-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/32787-watch-for-these-four-market-movers-in-the-new-year
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Strong meal export pace supports US soymeal prices, while Argentina's tax changes could expand its competing meal and oil exports and cap US and Brazilian prices.

## Read by commodity

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

## Sources

- iasoybeans.com: https://www.iasoybeans.com/newsroom/article/four-market-movers-to-watch-in-2024

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