# Despite a slight decrease in the oil production forecast, stock market quotations fell sharply 15.07.2022 - UkrAgroConsult

> USDA's July balance sheet lowered forecasts for world oilseed production and ending stocks for 2022/23, mainly due to a cut in U.S. soybean production and lower Chinese soybean imports. Global rapeseed production was also reduced, while sunflower production was raised, particularly in Russia.

- Date: 2022-07-15 · published 2022-07-15T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/5594-despite-a-slight-decrease-in-the-oil-production-forecast-stock-market
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Lower global oilseed supplies and ending stocks are supportive for oilseed meals and oils, but the report triggered a sharp price drop, indicating bearish market reaction.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼
- CANMEAL: neutral
- SUNMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-12-11 | [Forecast for U.S. Oilseed Production in 2024–2025 – Market-Tracker](https://feedsoft.ai/events/27058-forecast-for-u-s-oilseed-production-in-2024-2025-market-tracker.md) | -1.8% | -0.3% |
| SOY | 2022-06-14 | [COVID in China and the war in Ukraine remain the main factors influencing the oil markets 14.06.2022 - UkrAgroConsult](https://feedsoft.ai/events/7218-covid-in-china-and-the-war-in-ukraine-remain-the-main-factors-influencing-the.md) | -1.6% | -7.0% |
| SOY | 2022-07-12 | [Grain markets hit hard after slightly bearish USDA report. Tuesday, July 12, 2022 13.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/40432-grain-markets-hit-hard-after-slightly-bearish-usda-report-tuesday-july-12-2022.md) | -8.8% | -1.3% |
| SOY | 2020-06-15 | [The forecast increase in soybean production will increase pressure on oilseed prices in the new season](https://feedsoft.ai/events/52737-the-forecast-increase-in-soybean-production-will-increase-pressure-on-oilseed.md) | +0.6% | +0.6% |
| SOY | 2022-08-16 | [Soybeans drop 2% on U.S. crop forecast, weather; corn, wheat down 16.08.2022 - UkrAgroConsult](https://feedsoft.ai/events/6532-soybeans-drop-2-on-u-s-crop-forecast-weather-corn-wheat-down-16-08-2022.md) | +2.2% | +2.7% |
| SBM | 2022-04-19 | [Q1 pork production in China reaches three-year high 19.04.2022 - UkrAgroConsult](https://feedsoft.ai/events/41841-q1-pork-production-in-china-reaches-three-year-high-19-04-2022-ukragroconsult.md) | -3.0% | -11.3% |
| SBM | 2026-05-14 | [USDA forecasts sharp growth in global oilseed production in MY 2026/27 - AgriInsite](https://feedsoft.ai/events/19371-usda-forecasts-sharp-growth-in-global-oilseed-production-in-my-2026-27.md) | -2.8% | -9.8% |
| SBM | 2022-06-14 | [COVID in China and the war in Ukraine remain the main factors influencing the oil markets 14.06.2022 - UkrAgroConsult](https://feedsoft.ai/events/7218-covid-in-china-and-the-war-in-ukraine-remain-the-main-factors-influencing-the.md) | +4.6% | +12.7% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/despite-a-slight-decrease-in-the-oil-production-forecast-stock-market-quotations-fell-sharply/

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