# Soybean derivatives supply under pressure as Argentina, Brazil face headwinds - DatamarNews

> Traders warn that Argentina's planting delays and dry soils, plus Brazil's planned biodiesel blending increase, could squeeze global soybean meal and oil supply in 2023. Argentina and Brazil together supply more than half of world soybean oil and meal. Market participants doubt USDA's 49.5 million tonne Argentine soybean estimate.

- Date: 2023-01-10 · published 2023-01-10T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/37864-soybean-derivatives-supply-under-pressure-as-argentina-brazil-face-headwinds
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower Argentine crush and higher Brazilian biodiesel demand for soyoil would tighten meal and oil availability, supporting derivative prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2023-01-04 | [Commodities 2023: Soybean derivatives supply under pressure as Argentina, Brazil face headwinds](https://feedsoft.ai/events/8622-commodities-2023-soybean-derivatives-supply-under-pressure-as-argentina-brazil.md) | +4.1% | +1.0% |
| SBM | 2023-07-18 | [Brazil to surpass Argentina in global soybean meal exports in 2023 - DatamarNews](https://feedsoft.ai/events/35116-brazil-to-surpass-argentina-in-global-soybean-meal-exports-in-2023-datamarnews.md) | +2.6% | +5.3% |
| SBM | 2023-05-08 | [Argentina’s soybean crushers likely to face headwinds until next harvest: Bunge](https://feedsoft.ai/events/13966-argentina-s-soybean-crushers-likely-to-face-headwinds-until-next-harvest-bunge.md) | -0.8% | -7.1% |
| SBM | 2022-12-14 | [Concerns over Argentine soybean crop raises meal prices in Brazil - DatamarNews](https://feedsoft.ai/events/38321-concerns-over-argentine-soybean-crop-raises-meal-prices-in-brazil-datamarnews.md) | +0.4% | +11.5% |
| SBM | 2022-03-13 | [Argentina Tries to Hold Onto Soybean Supplies \| Red River Farm Network](https://feedsoft.ai/events/14045-argentina-tries-to-hold-onto-soybean-supplies-red-river-farm-network.md) | -1.7% | -4.7% |
| SBO | 2023-01-04 | [Commodities 2023: Soybean derivatives supply under pressure as Argentina, Brazil face headwinds](https://feedsoft.ai/events/8622-commodities-2023-soybean-derivatives-supply-under-pressure-as-argentina-brazil.md) | +1.2% | -3.7% |
| SBO | 2023-05-08 | [Argentina’s soybean crushers likely to face headwinds until next harvest: Bunge](https://feedsoft.ai/events/13966-argentina-s-soybean-crushers-likely-to-face-headwinds-until-next-harvest-bunge.md) | -2.5% | -7.3% |
| SBO | 2022-03-13 | [Argentina Tries to Hold Onto Soybean Supplies \| Red River Farm Network](https://feedsoft.ai/events/14045-argentina-tries-to-hold-onto-soybean-supplies-red-river-farm-network.md) | -9.8% | +240.8% |

## Sources

- datamarnews.com: https://datamarnews.com/noticias/soybean-derivatives-supply-under-pressure-as-argentina-brazil-face-headwinds/

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