# Argentinian soy meal market surges on demand, slow farmer selling | S&P Global

> Argentine FOB Up River soybean meal strengthened to a $2/st premium over CBOT futures on August 18, a $13/st gain for the front-month loading position during August. The rally coincided with a historically shallow Parana river and slow farmer selling, and India approved imports of 1.2 million tonnes of GM soybean meal.

- Date: 2021-08-19 · published 2021-08-19T12:00:00.000Z
- Category: logistics · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/45644-argentinian-soy-meal-market-surges-on-demand-slow-farmer-selling-s-and-p-global
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Low river levels raise Argentine export costs while Indian import demand draws on meal supplies, supporting meal prices for feed buyers.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2022-01-11 | [Shallow Parana river pressures Argentinian FOB soybean meal, oil basis levels \| S&P Global](https://feedsoft.ai/events/43209-shallow-parana-river-pressures-argentinian-fob-soybean-meal-oil-basis-levels-s.md) | +2.9% | +6.0% |
| SBM | 2025-03-13 | [Argentine soybean mill workers strike creating unease in global meal market](https://feedsoft.ai/events/13872-argentine-soybean-mill-workers-strike-creating-unease-in-global-meal-market.md) | +1.5% | +1.0% |
| SBM | 2024-09-12 | [Brazilian soybean meal widens gap to Argentina \| S&P Global](https://feedsoft.ai/events/28390-brazilian-soybean-meal-widens-gap-to-argentina-s-and-p-global.md) | +1.3% | +2.4% |
| SBM | 2020-12-14 | [Argentina's soybean crushers pull meal, oil offers as strikes continue - Fastmarkets](https://feedsoft.ai/events/49721-argentina-s-soybean-crushers-pull-meal-oil-offers-as-strikes-continue.md) | +5.6% | +21.5% |
| SBM | 2022-04-19 | [Argentina port workers to go on strike in the middle of soybean, corn harvest \| S&P Global](https://feedsoft.ai/events/41858-argentina-port-workers-to-go-on-strike-in-the-middle-of-soybean-corn-harvest-s.md) | -3.0% | -11.3% |
| SOY | 2023-02-21 | [Weaker Argentinian seaborne grain flows to weigh on ECSA freight market \| S&P Global](https://feedsoft.ai/events/37214-weaker-argentinian-seaborne-grain-flows-to-weigh-on-ecsa-freight-market-s-and-p.md) | -0.6% | -2.7% |
| SOY | 2025-03-13 | [Argentine soybean mill workers strike creating unease in global meal market](https://feedsoft.ai/events/13872-argentine-soybean-mill-workers-strike-creating-unease-in-global-meal-market.md) | +2.1% | +2.6% |
| SOY | 2024-09-12 | [Brazilian soybean meal widens gap to Argentina \| S&P Global](https://feedsoft.ai/events/28390-brazilian-soybean-meal-widens-gap-to-argentina-s-and-p-global.md) | +3.5% | +4.1% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/081921-argentinian-soy-meal-market-surges-on-demand-slow-farmer-selling

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