# Soybeans: US government supports economy with USD 1 trillion  - Mundus Agri

> US soybean prices paused their decline after the Trump administration unveiled a $1 trillion economic stimulus package. Soybean exports from the US and Brazil fell in March due to the pandemic, raising meal-trade bids, while Malaysian restrictions raised fears of lower palm oil output.

- Date: 2020-03-18 · published 2020-03-18T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/54189-soybeans-us-government-supports-economy-with-usd-1-trillion-mundus-agri
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Lower South American export flows and palm oil supply fears support soymeal and soyoil prices, while stimulus provides only modest support to soybeans.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-08-08 | [Weak Real and US Sino Conflict supports soybean prices](https://feedsoft.ai/events/11474-weak-real-and-us-sino-conflict-supports-soybean-prices.md) | +1.4% | +0.1% |
| SOY | 2026-06-01 | [Corn, Wheat Continue to Fall with Crude Oil: Soybeans and Cattle Rally](https://feedsoft.ai/events/19274-corn-wheat-continue-to-fall-with-crude-oil-soybeans-and-cattle-rally.md) | -5.5% | -6.6% |
| SOY | 2024-09-20 | [Bullish macro-economic environment and hot U.S. finishing weather boost CBOT prices – ProAgri Media](https://feedsoft.ai/events/5605-bullish-macro-economic-environment-and-hot-u-s-finishing-weather-boost-cbot.md) | +2.7% | -2.4% |
| SOY | 2024-10-30 | [INTERVIEW: Trump win could spur China to boost US agricultural imports](https://feedsoft.ai/events/14714-interview-trump-win-could-spur-china-to-boost-us-agricultural-imports.md) | +3.0% | +1.9% |
| SOY | 2020-01-23 | [With a Big Crop Expected, Brazil's Soybean Harvest Is Slow](https://feedsoft.ai/events/54912-with-a-big-crop-expected-brazil-s-soybean-harvest-is-slow.md) | -2.3% | -2.3% |
| SBM | 2024-04-22 | [Mexico economy to keep growing steadily after June presidential vote](https://feedsoft.ai/events/30949-mexico-economy-to-keep-growing-steadily-after-june-presidential-vote.md) | -0.6% | +6.3% |
| SBM | 2020-05-15 | [Feed millers in US to return to soy diets](https://feedsoft.ai/events/53225-feed-millers-in-us-to-return-to-soy-diets.md) | -0.9% | +1.3% |
| SBM | 2023-04-20 | [Argentine peso hits record low in black market as economy creaks](https://feedsoft.ai/events/36672-argentine-peso-hits-record-low-in-black-market-as-economy-creaks.md) | -5.0% | -6.4% |

## Sources

- mundus-agri.eu: https://www.mundus-agri.eu/news/soybeans-government-supports-economy-usd-1-trillion.n21278.html

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