# Blog: World Soybean Production Projected to Rebound

> S&P Global projects world soybean production to rebound about 8 percent in 2020 after a nearly 4 percent contraction in 2019, with larger crops expected in North and South America. It notes China's demand growth is driven by rising meat consumption and that the US-China Phase One deal may intensify competition with Brazil and Argentina.

- Date: 2020-03-23 · published 2020-03-23T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/54187-blog-world-soybean-production-projected-to-rebound
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A larger 2020 world crop points to ample soybean and meal supply, which tends to cap prices for feed buyers.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-05-31 | [Argentina’s soybean production to rebound \| World-grain.com \| May 31, 2018 13:53 \| World Grain](https://feedsoft.ai/events/64864-argentina-s-soybean-production-to-rebound-world-grain-com-may-31-2018-13-53.md) | -2.8% | -15.2% |
| SOY | 2024-11-13 | [China’s soybean production, imports steady \| World Grain](https://feedsoft.ai/events/27390-china-s-soybean-production-imports-steady-world-grain.md) | -0.5% | -0.8% |
| SOY | 2024-06-12 | [USDA Projects Slightly Lower Brazilian Soybean Production](https://feedsoft.ai/events/29690-usda-projects-slightly-lower-brazilian-soybean-production.md) | -0.3% | -3.0% |
| SOY | 2023-09-13 | [Big gains projected in South Dakota corn and soybean production • South Dakota Searchlight](https://feedsoft.ai/events/34161-big-gains-projected-in-south-dakota-corn-and-soybean-production-south-dakota.md) | -1.2% | -4.5% |
| SOY | 2022-04-29 | [Soybean, sunflower production growing in Argentina \| World Grain](https://feedsoft.ai/events/14039-soybean-sunflower-production-growing-in-argentina-world-grain.md) | -1.6% | +1.2% |
| SBM | 2018-05-31 | [Argentina’s soybean production to rebound \| World-grain.com \| May 31, 2018 13:53 \| World Grain](https://feedsoft.ai/events/64864-argentina-s-soybean-production-to-rebound-world-grain-com-may-31-2018-13-53.md) | -3.2% | -11.4% |
| SBM | 2024-11-13 | [China’s soybean production, imports steady \| World Grain](https://feedsoft.ai/events/27390-china-s-soybean-production-imports-steady-world-grain.md) | -1.8% | -2.7% |
| SBM | 2022-04-29 | [Soybean, sunflower production growing in Argentina \| World Grain](https://feedsoft.ai/events/14039-soybean-sunflower-production-growing-in-argentina-world-grain.md) | -3.3% | -3.4% |

## Sources

- spglobal.com: https://www.spglobal.com/commodityinsights/en/ci/research-analysis/blog-world-soybean-production-projected-rebound.html

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