# Brazil soybean meal export basis falls to widest discount to Argentina since Jan | S&P Global

> Platts assessed the FOB Paranagua soybean meal basis for December loading at a $16/short ton premium. The discount for Brazilian meal against Argentine product is the widest since January 21.

- Date: 2026-10-22 · published 2026-10-22T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/496-brazil-soybean-meal-export-basis-falls-to-widest-discount-to-argentina-since
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A wider discount to Argentine meal makes Brazilian product more competitive in export markets, which can pressure Argentine and global meal prices. Buyers may benefit from cheaper Brazilian supply.

## Read by commodity

- SBM: bearish ▼

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/102226-brazil-soybean-meal-export-basis-falls-to-widest-discount-to-argentina-since-jan

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