# Argentina soybean exports revised downward | 2019-10-08  | World Grain

> The USDA's October 4 GAIN report cut Argentina's 2019-20 soybean export forecast by 36% to 8 million tonnes, down 4.5 million from April. It also forecast soybean production at 53 million tonnes and crush at 44 million tonnes, up 3 million from April, on stronger demand for meal and oil.

- Date: 2019-10-08 · published 2019-10-08T12:00:00.000Z
- Category: report · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/56411-argentina-soybean-exports-revised-downward-2019-10-08-world-grain
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Lower export availability from the third-largest soybean producer is supportive for soybeans, but a larger domestic crush shifts supply toward meal and oil. The net effect is more weight on soybean prices than on meal.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-01-15 | [Bumper soybean crop expected in Argentina \| World Grain](https://feedsoft.ai/events/13942-bumper-soybean-crop-expected-in-argentina-world-grain.md) | +1.5% | -1.1% |
| SOY | 2025-03-17 | [Argentina’s soybean crop stabilizes \| World Grain](https://feedsoft.ai/events/13876-argentina-s-soybean-crop-stabilizes-world-grain.md) | +1.1% | +4.4% |
| 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 | 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% |
| 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% |
| SBM | 2026-03-02 | [Recent rainfall aids Argentina’s soybean crop \| World Grain](https://feedsoft.ai/events/13802-recent-rainfall-aids-argentina-s-soybean-crop-world-grain.md) | -0.1% | +1.0% |
| SBM | 2018-06-29 | [China’s soybean imports continue to rise \| World-grain.com \| June 29, 2018 13:49 \| World Grain](https://feedsoft.ai/events/64513-china-s-soybean-imports-continue-to-rise-world-grain-com-june-29-2018-13-49.md) | +2.5% | +0.4% |
| SBM | 2026-03-02 | [February rains support Argentina’s soybean crop](https://feedsoft.ai/events/13804-february-rains-support-argentina-s-soybean-crop.md) | -0.1% | +1.0% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/12713-argentina-soybean-exports-revised-downward

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