# What The Inverted Market Means if You’re Buying Argentina Soybean Right Now?

> Argentina remains the leading soybean meal and oil exporter, but drought, crushing strikes and tight crush margins have cut supply. Exporters still posted year-on-year export growth in eight of the last ten months, helped by a recovered crush margin and competitively priced feed products.

- Date: 2021-10-28 · published 2021-10-28T12:00:00.000Z
- Category: trade · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/44398-what-the-inverted-market-means-if-you-re-buying-argentina-soybean-right-now
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower Argentine crushing and export volumes tighten global soymeal and soyoil supply, which supports meal and oil prices for feed buyers.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 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) | +3.5% | -2.1% |
| SBM | 2023-05-09 | [SunSirs: Supported by Favorable Factors, the Soybean Meal Market Continued to Rise](https://feedsoft.ai/events/36012-sunsirs-supported-by-favorable-factors-the-soybean-meal-market-continued-to-rise.md) | +1.3% | -5.1% |
| SBM | 2016-04-18 | [Indian soybean meal on the world market too expensive](https://feedsoft.ai/events/10299-indian-soybean-meal-on-the-world-market-too-expensive.md) | +5.3% | +22.0% |
| SBM | 2020-08-13 | [Soybean Demand Offers Hope for the Market \| Red River Farm Network](https://feedsoft.ai/events/11345-soybean-demand-offers-hope-for-the-market-red-river-farm-network.md) | +4.8% | +10.2% |
| SBM | 2017-07-11 | [China to buy U.S. soybeans to meet market demand \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/69821-china-to-buy-u-s-soybeans-to-meet-market-demand-iowa-agribusiness-radio-network.md) | -4.3% | -8.4% |
| 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 | 2019-10-17 | [Wilmar takes hit as China welcomes Argentina soybean meal imports \| Singapore Business Review](https://feedsoft.ai/events/56643-wilmar-takes-hit-as-china-welcomes-argentina-soybean-meal-imports-singapore.md) | +0.6% | +0.4% |
| SBO | 2026-08-12 | [Argentina increases new-crop soybean crushing](https://feedsoft.ai/events/13781-argentina-increases-new-crop-soybean-crushing.md) | +0.8% | +1.4% |

## Sources

- agflow.com: https://www.agflow.com/agricultural-markets-news/what-the-inverted-market-means-if-youre-buying-argentina-soybean-right-now/

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