# Brazilian FOB soybean oil prices likely to remain at unusual discount to Argentina’s FOB - Fastmarkets

> Brazilian FOB soybean oil is expected to stay at an unusual discount to Argentina's FOB Up River, as slow crushing in Brazil tightens soyoil availability. Brazil's basis was 6.5 cents under October futures versus Argentina's 5.5 cents, and the gap has widened through August.

- Date: 2022-08-23 · published 2022-08-23T12:00:00.000Z
- Category: trade · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/40123-brazilian-fob-soybean-oil-prices-likely-to-remain-at-unusual-discount-to
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Tighter Brazilian soyoil supply and a shift in export-origin spreads redirect export flows and support South American soyoil prices, while slow crush also reduces meal output.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-10-25 | [Destination demand snaps Brazilian soybean oil as Argentina’s supply tightens - Fastmarkets](https://feedsoft.ai/events/39223-destination-demand-snaps-brazilian-soybean-oil-as-argentina-s-supply-tightens.md) | +0.8% | -1.4% |
| SBO | 2026-09-12 | [Argentina soybean sales speed up as prices rise on China demand, US crop concerns - Markets - Business Recorder](https://feedsoft.ai/events/13779-argentina-soybean-sales-speed-up-as-prices-rise-on-china-demand-us-crop.md) | -0.4% | -0.8% |
| SBO | 2024-06-29 | [Argentina soybean sales stall in June - Markets - Business Recorder](https://feedsoft.ai/events/13915-argentina-soybean-sales-stall-in-june-markets-business-recorder.md) | +10.1% | +2.7% |
| SBO | 2023-11-22 | [Global soybean oil prices continue to rise amid tight supply](https://feedsoft.ai/events/33253-global-soybean-oil-prices-continue-to-rise-amid-tight-supply.md) | -1.2% | -4.4% |
| SBO | 2026-07-28 | [Waste feedstock trade reroutes as US soybean oil biofuel demand keeps climbing - Fastmarkets](https://feedsoft.ai/events/18448-waste-feedstock-trade-reroutes-as-us-soybean-oil-biofuel-demand-keeps-climbing.md) | +1.2% | -2.4% |
| SBM | 2023-04-05 | [China's soybean demand likely to remain soft until May amid poor crush margins](https://feedsoft.ai/events/36386-china-s-soybean-demand-likely-to-remain-soft-until-may-amid-poor-crush-margins.md) | +0.2% | -6.0% |
| SBM | 2023-09-07 | [Brazil Breaks Soybean Export Record and Displaces Argentina in the Global Soybean Meal Market - farmdoc daily](https://feedsoft.ai/events/14814-brazil-breaks-soybean-export-record-and-displaces-argentina-in-the-global.md) | -1.1% | -8.6% |
| SBM | 2021-03-24 | [Weak crush margins likely to keep China's soybean demand low until May: sources \| S&P Global](https://feedsoft.ai/events/48203-weak-crush-margins-likely-to-keep-china-s-soybean-demand-low-until-may-sources.md) | -0.5% | +2.5% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/brazil-soybean-oil-prices-stay-discounted-to-argentina-fob/

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