# World oilseeds: Why the 2021 growing season is so critical - Fastmarkets

> Fastmarkets analyst Tore Alden outlined the 2021 oilseeds outlook, expecting larger soybean, rapeseed and sunflower seed acreage and record US yields. He also flagged dry weather in Argentina that cut production and strong Chinese demand growth.

- Date: 2021-05-19 · published 2021-05-19T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/46936-world-oilseeds-why-the-2021-growing-season-is-so-critical-fastmarkets
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Expected acreage gains and record US yields point to looser supply later, which weighs on oilseed prices, while Chinese demand and Argentine weather support them. The net effect is a two-sided outlook for soy complex prices.

## Read by commodity

- SBO: neutral
- SOY: neutral
- CANMEAL: neutral
- SUNMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-02-24 | [Economist expects new considerations in grain markets \| 2020-02-24  \| World Grain](https://feedsoft.ai/events/54625-economist-expects-new-considerations-in-grain-markets-2020-02-24-world-grain.md) | -0.8% | -3.1% |
| SOY | 2023-06-29 | [USD/BRL: Real to suffer if BCB postpones rate cuts due to ongoing criticism of the government – Commerzbank — Octa](https://feedsoft.ai/events/35696-usd-brl-real-to-suffer-if-bcb-postpones-rate-cuts-due-to-ongoing-criticism-of.md) | +5.2% | +5.6% |
| SOY | 2017-09-15 | [Russia set records in the export of grain](https://feedsoft.ai/events/68820-russia-set-records-in-the-export-of-grain.md) | +0.4% | +2.6% |
| SOY | 2017-02-03 | [LIVESTOCK MARKETS: Commodity bubble to start inflating](https://feedsoft.ai/events/72614-livestock-markets-commodity-bubble-to-start-inflating.md) | +1.3% | -1.0% |
| SOY | 2019-11-20 | [Analysis: World stocks will cap how far grain price can rise - Farmers Weekly](https://feedsoft.ai/events/11893-analysis-world-stocks-will-cap-how-far-grain-price-can-rise-farmers-weekly.md) | -3.0% | +1.9% |
| SBO | 2018-11-21 | [Is Crude Oil Taking Cue from Vegetable Oils?](https://feedsoft.ai/events/62129-is-crude-oil-taking-cue-from-vegetable-oils.md) | +1.4% | +3.1% |
| SBO | 2019-07-01 | [China, Brazil and the Soybean Crush](https://feedsoft.ai/events/58655-china-brazil-and-the-soybean-crush.md) | -1.3% | +0.7% |
| SBO | 2026-03-06 | [Biofuels hit a crossroads as costs climb, policy lags \| Feed & Grain](https://feedsoft.ai/events/15045-biofuels-hit-a-crossroads-as-costs-climb-policy-lags-feed-and-grain.md) | -0.1% | -2.6% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/world-oilseeds-why-the-2021-growing-season-is-so-critical/

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