# New flood of soybean oil not expected to affect prices

> Argentina's rising soybean oil exports are not expected to pressure prices as usual. US soybean oil shipments have been falling because booming domestic biofuel demand is absorbing supply. The export gains are therefore not seen as a major bearish factor.

- Date: 2021-08-05 · published 2021-08-05T12:00:00.000Z
- Category: trade · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/45653-new-flood-of-soybean-oil-not-expected-to-affect-prices
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Argentine export growth would normally weigh on prices, but reduced US export availability offsets that effect. Soyoil prices stay supported by domestic biofuel demand.

## Read by commodity

- SBO: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-09-26 | [Prices for sunflower oil continue to decline](https://feedsoft.ai/events/63119-prices-for-sunflower-oil-continue-to-decline.md) | +3.5% | +1.4% |
| SBO | 2021-12-03 | [US Soybean Export Sales Running Out of Time](https://feedsoft.ai/events/43683-us-soybean-export-sales-running-out-of-time.md) | -1.1% | +0.7% |
| SBO | 2025-12-11 | [Soybean futures rise on fresh US export sales - CBOT
						 \| The Pig Site](https://feedsoft.ai/events/21584-soybean-futures-rise-on-fresh-us-export-sales-cbot-the-pig-site.md) | -3.7% | -3.3% |
| SBO | 2021-04-21 | [U.S. Soybean Exports to China Swell in March, as Brazil Suspends Corn, Soy Import Duties \| Farm Policy News \| Illinois](https://feedsoft.ai/events/47453-u-s-soybean-exports-to-china-swell-in-march-as-brazil-suspends-corn-soy-import.md) | +8.7% | +13.3% |
| SBO | 2020-11-25 | [Chinese buyers look to cancel U.S. soybean orders as processing margins shrink \| Financial Post](https://feedsoft.ai/events/50175-chinese-buyers-look-to-cancel-u-s-soybean-orders-as-processing-margins-shrink.md) | -1.6% | +8.6% |

## Sources

- producer.com: https://www.producer.com/markets/new-flood-of-soybean-oil-not-expected-to-affect-prices/

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