# SOYBEANS: May Have Taken Out Too Much War Premium; Demand Remains Strong — The Hightower Report

> Soybean futures closed sharply lower and fell to their lowest since February 28 as energy and agricultural markets slid and stocks rallied. Traders appeared to expect a ceasefire in Ukraine, so the war premium was leaving the market quickly. China also plans to release 500,000 tons of soybeans from state reserves.

- Date: 2022-03-30 · published 2022-03-30T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/42370-soybeans-may-have-taken-out-too-much-war-premium-demand-remains-strong-the
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Easing war-risk premiums and Chinese state reserve releases add supply and reduce the bid for soybeans and meal, pressuring feed ingredient prices lower.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-06-10 | [US soybean farmers urge policymakers to keep food out of trade war
						 \| The Pig Site](https://feedsoft.ai/events/14745-us-soybean-farmers-urge-policymakers-to-keep-food-out-of-trade-war-the-pig-site.md) | +0.0% | -1.5% |
| SOY | 2019-08-04 | [‘Since the end of December we have not sold a single vessel’: Canadian farmers continue to struggle with China’s ban on exports - The Globe and Mail](https://feedsoft.ai/events/57562-since-the-end-of-december-we-have-not-sold-a-single-vessel-canadian-farmers.md) | +2.8% | +0.8% |
| SOY | 2026-07-27 | [Corn and Soybeans Fall on US Weather, Pause in US-Iran Strikes - Bloomberg](https://feedsoft.ai/events/8278-corn-and-soybeans-fall-on-us-weather-pause-in-us-iran-strikes-bloomberg.md) | -6.1% | -1.8% |
| SOY | 2026-07-27 | [Soybeans and corn fall more than 2% as oil drops, wheat also down \| ZAWYA](https://feedsoft.ai/events/8284-soybeans-and-corn-fall-more-than-2-as-oil-drops-wheat-also-down-zawya.md) | -6.1% | -1.8% |
| SOY | 2026-08-04 | [CBOT grains, soybeans fall as oil drops on Iran hopes \| Stock Market News](https://feedsoft.ai/events/12807-cbot-grains-soybeans-fall-as-oil-drops-on-iran-hopes-stock-market-news.md) | -0.9% | +9.1% |
| SBM | 2017-03-28 | [Pork and beans could take brunt of China-U.S. trade dispute](https://feedsoft.ai/events/71849-pork-and-beans-could-take-brunt-of-china-u-s-trade-dispute.md) | -2.4% | -0.6% |
| SBM | 2018-02-16 | [ASA: Proposed Steel Tariffs Raise Potential for Retaliation Against U.S. Soybeans - American Soybean Association](https://feedsoft.ai/events/66381-asa-proposed-steel-tariffs-raise-potential-for-retaliation-against-u-s-soybeans.md) | +0.5% | -0.2% |
| SBM | 2022-02-26 | [GRAIN & PRICES WEEKLY REPORT](https://feedsoft.ai/events/8529-grain-and-prices-weekly-report.md) | +4.2% | +9.0% |

## Sources

- hightowerreport.com: https://www.hightowerreport.com/blog/2022/3/soybeans-may-have-taken-out-too-much-war-premium-demand-remains-strong

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