# Soybeans: COFKO dampens import expectations  - Mundus Agri

> US soybeans in Chicago were just under $8.46 per bushel on May 18, up 0.8%, with soybean meal up 0.1% and oil up 1.0%. April NOPA crush came in 0.7% above trade estimates at 171.754 million bushels, and export inspections reached 795,000 tonnes; Argentina faces logistics problems from low Parana River water levels.

- Date: 2020-05-18 · published 2020-05-18T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/53217-soybeans-cofko-dampens-import-expectations-mundus-agri
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Strong crush and export data plus Argentine river constraints support soybean and meal prices, while expected Chinese import slowdowns cap upside.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-02-13 | [Mississippi River project approved, more corn and soybean export capacity expected](https://feedsoft.ai/events/54495-mississippi-river-project-approved-more-corn-and-soybean-export-capacity.md) | +0.0% | -4.2% |
| SOY | 2020-08-04 | [Dredging Project Readies Mississippi River for Efficient Soy Transportation - U.S. Soybean Export Council](https://feedsoft.ai/events/51508-dredging-project-readies-mississippi-river-for-efficient-soy-transportation-u-s.md) | -2.3% | +6.0% |
| SOY | 2020-02-13 | [A Deeper Mississippi River Will Improve the Economics of Soybean Exports](https://feedsoft.ai/events/54493-a-deeper-mississippi-river-will-improve-the-economics-of-soybean-exports.md) | +0.0% | -4.2% |
| SOY | 2022-10-30 | [Domestic demand for soybeans, export demand for corn keeps prices up - High Plains Journal](https://feedsoft.ai/events/39175-domestic-demand-for-soybeans-export-demand-for-corn-keeps-prices-up-high-plains.md) | +4.6% | +5.0% |
| SOY | 2017-07-06 | [The record high soybean import is cause for the Chinese ports' collapse.](https://feedsoft.ai/events/70039-the-record-high-soybean-import-is-cause-for-the-chinese-ports-collapse.md) | +4.1% | -1.0% |
| SBM | 2021-09-29 | [US soybean meal export hub damage may take months to fix \| Air Freight News](https://feedsoft.ai/events/45140-us-soybean-meal-export-hub-damage-may-take-months-to-fix-air-freight-news.md) | -4.6% | -2.8% |
| SBM | 2022-10-30 | [Domestic demand for soybeans, export demand for corn keeps prices up - High Plains Journal](https://feedsoft.ai/events/39175-domestic-demand-for-soybeans-export-demand-for-corn-keeps-prices-up-high-plains.md) | -0.9% | -3.4% |
| SBM | 2017-07-06 | [The record high soybean import is cause for the Chinese ports' collapse.](https://feedsoft.ai/events/70039-the-record-high-soybean-import-is-cause-for-the-chinese-ports-collapse.md) | +5.7% | -2.4% |

## Sources

- mundus-agri.eu: https://www.mundus-agri.eu/news/soybeans-cofko-dampens-import-expectations.n22870.html

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