# Soybean prices are falling amid declining demand from China 17.06.2022 - UkrAgroConsult

> Soybean prices fell as Brazil cut soybean exports to China in May, while Brazil increased soybean meal and oil exports. US soybean processing hit a record for May, and July Chicago soybean futures fell 2.7%.

- Date: 2022-06-17 · published 2022-06-17T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/40976-soybean-prices-are-falling-amid-declining-demand-from-china-17-06-2022
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Weaker Chinese demand for soybeans is bearish for beans, while heavier Brazilian meal exports and record US crush add meal supply that pressures soybean meal prices.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-01-17 | [Soybean Closed Lower Amid Declining Chinese Demand](https://feedsoft.ai/events/61193-soybean-closed-lower-amid-declining-chinese-demand.md) | +2.4% | +1.0% |
| SOY | 2023-02-03 | [Soybean prices in Ukraine are falling against the backdrop of reduced export demand](https://feedsoft.ai/events/12881-soybean-prices-in-ukraine-are-falling-against-the-backdrop-of-reduced-export.md) | -1.0% | -0.2% |
| SOY | 2024-01-02 | [Commodities 2024: China's soybean demand set to fall amid impending hog supply cuts](https://feedsoft.ai/events/32124-commodities-2024-china-s-soybean-demand-set-to-fall-amid-impending-hog-supply.md) | -4.2% | -5.8% |
| SOY | 2023-03-21 | [China soybean prices plunge amid weaker local demand, higher Brazil farmer sales](https://feedsoft.ai/events/36942-china-soybean-prices-plunge-amid-weaker-local-demand-higher-brazil-farmer-sales.md) | -2.9% | +2.2% |
| SOY | 2018-07-12 | [Fall in soybean prices from China trade spat leaves farmers struggling](https://feedsoft.ai/events/5851-fall-in-soybean-prices-from-china-trade-spat-leaves-farmers-struggling.md) | +1.5% | +7.7% |
| SBM | 2019-01-17 | [Soybean Closed Lower Amid Declining Chinese Demand](https://feedsoft.ai/events/61193-soybean-closed-lower-amid-declining-chinese-demand.md) | +0.7% | -1.5% |
| SBM | 2023-02-03 | [Soybean prices in Ukraine are falling against the backdrop of reduced export demand](https://feedsoft.ai/events/12881-soybean-prices-in-ukraine-are-falling-against-the-backdrop-of-reduced-export.md) | +0.3% | -1.2% |
| SBM | 2024-01-02 | [Commodities 2024: China's soybean demand set to fall amid impending hog supply cuts](https://feedsoft.ai/events/32124-commodities-2024-china-s-soybean-demand-set-to-fall-amid-impending-hog-supply.md) | -4.2% | -7.1% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/soybean-prices-are-falling-amid-declining-demand-from-china/

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