# Some Brazilian soybean crushers temporarily shut down due to negative margins  : The Daily Digest

> Reuters reports that as many as 10 Brazilian soybean crushers have temporarily halted crushing because of negative margins. Vegetable oil stocks are rising as domestic biodiesel demand has weakened, and some plants moved their annual maintenance forward to reduce supply. Brazil cut its biodiesel blending mandate earlier this year and has not restored it.

- Date: 2022-09-29 · published 2022-09-29T12:00:00.000Z
- Category: policy · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/39664-some-brazilian-soybean-crushers-temporarily-shut-down-due-to-negative-margins
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Lower crushing reduces soybean meal output, which supports meal prices, while weak biodiesel demand keeps soy oil stocks heavy and pressures oil prices.

## Read by commodity

- SBM: bullish ▲
- SBO: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2023-02-25 | [Soybean crush margins plummet in wake of EPA ruling \| The Western Producer](https://feedsoft.ai/events/15330-soybean-crush-margins-plummet-in-wake-of-epa-ruling-the-western-producer.md) | -0.4% | -9.6% |
| SBM | 2020-12-29 | [Soybean complex temporary tariff reduction to end in January](https://feedsoft.ai/events/49493-soybean-complex-temporary-tariff-reduction-to-end-in-january.md) | +4.8% | +6.3% |
| SBM | 2022-01-04 | [Challenges persist but it is not all bad news for Argentina’s soybean crushing industry](https://feedsoft.ai/events/14058-challenges-persist-but-it-is-not-all-bad-news-for-argentina-s-soybean-crushing.md) | +0.8% | -0.4% |
| SBM | 2021-09-25 | [Dreyfus, others shut soy crushers in China on power curbs - Grainews](https://feedsoft.ai/events/45120-dreyfus-others-shut-soy-crushers-in-china-on-power-curbs-grainews.md) | -2.7% | -2.3% |
| SBM | 2021-12-13 | [WASDE, EPA biofuel news drive soybean market - McKeany-Flavell](https://feedsoft.ai/events/9258-wasde-epa-biofuel-news-drive-soybean-market-mckeany-flavell.md) | +1.5% | +14.6% |
| SBO | 2023-02-25 | [Soybean crush margins plummet in wake of EPA ruling \| The Western Producer](https://feedsoft.ai/events/15330-soybean-crush-margins-plummet-in-wake-of-epa-ruling-the-western-producer.md) | -1.3% | -8.2% |
| SBO | 2017-12-08 | [Palm oil beat down vegetable oil prices  : The Daily Digest](https://feedsoft.ai/events/12715-palm-oil-beat-down-vegetable-oil-prices-the-daily-digest.md) | -0.7% | +0.5% |
| SBO | 2025-05-15 | [Soybeans Close Down Nearly 27¢ \| Thursday, May 15, 2025](https://feedsoft.ai/events/15119-soybeans-close-down-nearly-27-thursday-may-15-2025.md) | -0.8% | -4.5% |

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/some-brazilian-soybean-crushers-temporarily-shut-down-due-to-negative-margins/

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