# IGC updates global soy supply balance market report

> The International Grains Council reports global soybean supplies down 5% year on year, driven by a 20% smaller US crop of 97 million tonnes. Brazil's record crop is projected at 122 million tonnes, and palm oil weakness is pulling down rapeseed and vegetable oil prices.

- Date: 2020-01-26 · published 2020-01-26T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/55113-igc-updates-global-soy-supply-balance-market-report
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Tighter global ending stocks support soy complex prices, but a large Brazilian harvest and weak palm oil cap meal and oil prices.

## Read by commodity

- SBM: bearish ▼
- SOY: neutral
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-09-29 | [SovEcon: Russian and global grain market news – September 29, 2025 - The Sizov Report blog](https://feedsoft.ai/events/22929-sovecon-russian-and-global-grain-market-news-september-29-2025-the-sizov-report.md) | +0.4% | +2.8% |
| SOY | 2020-03-10 | [Markets unfazed by March WASDE report](https://feedsoft.ai/events/54089-markets-unfazed-by-march-wasde-report.md) | -4.8% | -0.9% |
| SOY | 2016-12-12 | [Grain market steady after USDA report - Farmers Weekly](https://feedsoft.ai/events/73541-grain-market-steady-after-usda-report-farmers-weekly.md) | -0.1% | -3.1% |
| SOY | 2024-01-30 | [Grains Report 01/30/2024 - Market InsightsMarket Insights](https://feedsoft.ai/events/32157-grains-report-01-30-2024-market-insightsmarket-insights.md) | +0.2% | -5.3% |
| SOY | 2020-06-11 | [Wheat slides on record global stocks estimate - Markets - Business Recorder](https://feedsoft.ai/events/52557-wheat-slides-on-record-global-stocks-estimate-markets-business-recorder.md) | +0.7% | +3.8% |
| SBM | 2024-05-16 | [Global soybean supply to increase in marketing year 2024/25 \| Feed & Grain](https://feedsoft.ai/events/30322-global-soybean-supply-to-increase-in-marketing-year-2024-25-feed-and-grain.md) | +1.5% | -3.6% |
| SBM | 2023-01-30 | [soy price development market report \| Agriculture](https://feedsoft.ai/events/37811-soy-price-development-market-report-agriculture.md) | +4.0% | +3.9% |
| SBM | 2026-01-01 | [Brazil soy boom may crash global grain markets](https://feedsoft.ai/events/21533-brazil-soy-boom-may-crash-global-grain-markets.md) | +2.0% | +0.9% |

## Sources

- zmp.de: https://www.zmp.de/en/futures/oilseeds/news/market-report-igc-updates-global-soy-supply-balance-2020-01-26

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