# Argentine exports of soy and oil products down $620 mi due to low water level on Paraná River - DatamarNews

> Argentina has lost about US$620 million in soymeal and soyoil export value this year because low Paraná River levels limit barge loadings around Rosario. The gap between Argentine and Brazilian FOB prices for soymeal is at its widest since 2013. Over 25 million tonnes of soy by-products have shipped since January.

- Date: 2021-09-28 · published 2021-09-28T12:00:00.000Z
- Category: logistics · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/44929-argentine-exports-of-soy-and-oil-products-down-620-mi-due-to-low-water-level-on
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher logistics costs and reduced barge capacity cut Argentine export competitiveness and tighten physical flows of soymeal and soyoil. This supports global meal and oil prices while Argentine FOB offers weaken.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2021-07-09 | [Drought brings shipping of soy products on Paraná River in Argentina to a halt](https://feedsoft.ai/events/45898-drought-brings-shipping-of-soy-products-on-parana-river-in-argentina-to-a-halt.md) | +1.1% | -0.0% |
| SBM | 2021-07-27 | [Argentina declares emergency due to low water levels in Paraná River - BNamericas](https://feedsoft.ai/events/45900-argentina-declares-emergency-due-to-low-water-levels-in-parana-river-bnamericas.md) | +0.8% | -1.9% |
| SBM | 2020-09-28 | [Argentine port strike paralyzes the country's grain exports - DatamarNews](https://feedsoft.ai/events/51123-argentine-port-strike-paralyzes-the-country-s-grain-exports-datamarnews.md) | +3.7% | +14.7% |
| SBM | 2024-05-09 | [Argentine grains ports and crushing plants idled due to general strike - DatamarNews](https://feedsoft.ai/events/13924-argentine-grains-ports-and-crushing-plants-idled-due-to-general-strike.md) | -1.2% | -4.9% |
| SBM | 2020-05-28 | [Parched Parana River likely to hit Argentine grain exports through September](https://feedsoft.ai/events/52969-parched-parana-river-likely-to-hit-argentine-grain-exports-through-september.md) | +1.5% | +1.7% |
| SBO | 2021-07-09 | [Drought brings shipping of soy products on Paraná River in Argentina to a halt](https://feedsoft.ai/events/45898-drought-brings-shipping-of-soy-products-on-parana-river-in-argentina-to-a-halt.md) | +3.0% | +1.4% |
| SBO | 2024-09-30 | [Palm Oil News - The Decreasing Water Debit in Parana River, Argentina Made Soyoil and Biodiesel in Brazil More Expensive](https://feedsoft.ai/events/28406-palm-oil-news-the-decreasing-water-debit-in-parana-river-argentina-made-soyoil.md) | +0.5% | +2.2% |
| SBO | 2024-05-09 | [Argentine grains ports and crushing plants idled due to general strike - DatamarNews](https://feedsoft.ai/events/13924-argentine-grains-ports-and-crushing-plants-idled-due-to-general-strike.md) | +2.4% | +4.3% |

## Sources

- datamarnews.com: https://datamarnews.com/noticias/argentine-exports-of-soy-and-oil-products-down-620-mi-due-to-low-water-level-on-parana-river/

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