# Global soybean crush remains tight despite lower price – Asian Agribiz

> Soybean prices fell across major exporters in March in anticipation of record Brazilian harvests. The April WASDE cut forecast global soybean meal and oil trade for 2022/23, with soybean meal imports seen at 4.2 million tonnes, the lowest in six years.

- Date: 2023-04-13 · published 2023-04-13T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/36485-global-soybean-crush-remains-tight-despite-lower-price-asian-agribiz
- 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

Lower meal trade and tight global crush support meal prices despite softer raw bean prices, a key consideration for feed cost planning.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2025-12-10 | [Argentina soybean exports to rise despite lower production \| Feed & Grain](https://feedsoft.ai/events/13818-argentina-soybean-exports-to-rise-despite-lower-production-feed-and-grain.md) | +1.2% | +1.0% |
| SBM | 2026-08-31 | [Soybean meal demand pushes global trade to a new record](https://feedsoft.ai/events/17960-soybean-meal-demand-pushes-global-trade-to-a-new-record.md) | +2.5% | +10.3% |
| SBM | 2020-05-19 | [Soybean Demand Remains Uncertain - ProAg](https://feedsoft.ai/events/53221-soybean-demand-remains-uncertain-proag.md) | -0.4% | +1.0% |
| SBM | 2025-03-24 | [China’s soybean demand, crush projected to grow \| World Grain](https://feedsoft.ai/events/25571-china-s-soybean-demand-crush-projected-to-grow-world-grain.md) | -1.7% | -1.1% |
| SBM | 2025-03-11 | [EU soybean meal imports hit a decade high in Q1 amid global crush surge: US FAS](https://feedsoft.ai/events/25658-eu-soybean-meal-imports-hit-a-decade-high-in-q1-amid-global-crush-surge-us-fas.md) | +2.7% | -1.1% |
| SOY | 2023-08-14 | [Soybean prices decline despite cuts to US crop – WASDE update](https://feedsoft.ai/events/5615-soybean-prices-decline-despite-cuts-to-us-crop-wasde-update.md) | -2.7% | -3.5% |
| SOY | 2024-04-29 | [Global soybean glut could pressure canola prices](https://feedsoft.ai/events/30832-global-soybean-glut-could-pressure-canola-prices.md) | +3.6% | +7.6% |
| SOY | 2024-05-14 | [Global soybean production poised for record growth \| Agriculture Dive](https://feedsoft.ai/events/30294-global-soybean-production-poised-for-record-growth-agriculture-dive.md) | +3.5% | -2.3% |

## Sources

- asian-agribiz.com: https://www.asian-agribiz.com/2023/04/14/global-soybean-crush-remains-tight-even-as-prices-drop/

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