# AgroPages-Bad to worse: USDA projects lower Argentina’s soybean exports due to a weak Chinese demand-Agricultural news

> AgroPages republished the USDA GAIN report showing Argentina's 2019-20 soybean exports cut 36% to 8 million tonnes on weak Chinese demand. The report also projected soybean output at 53 million tonnes and crush at 44 million tonnes.

- Date: 2019-10-10 · published 2019-10-10T12:00:00.000Z
- Category: report · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/56412-agropages-bad-to-worse-usda-projects-lower-argentina-s-soybean-exports-due-to-a
- 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

The lower export outlook from Argentina reflects softer global demand for soybeans, which weighs on world soy prices while supporting domestic crushing for meal and oil.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-08-12 | [USDA Projects Higher Soybean Yield, Lower Demand](https://feedsoft.ai/events/39955-usda-projects-higher-soybean-yield-lower-demand.md) | -12.5% | -12.9% |
| SOY | 2019-03-18 | [USDA Agricultural Projections to 2028- Focus on Corn, Soybeans - Farm Policy News](https://feedsoft.ai/events/60114-usda-agricultural-projections-to-2028-focus-on-corn-soybeans-farm-policy-news.md) | -0.6% | -1.5% |
| SOY | 2022-11-30 | [USDA Lowers FY 2023 Forecast for U.S. Agricultural Exports - Farm Policy News](https://feedsoft.ai/events/38741-usda-lowers-fy-2023-forecast-for-u-s-agricultural-exports-farm-policy-news.md) | -0.3% | +3.2% |
| SOY | 2021-11-24 | [USDA cuts U.S. ag export forecast amid weaker soybean demand](https://feedsoft.ai/events/14976-usda-cuts-u-s-ag-export-forecast-amid-weaker-soybean-demand.md) | -3.5% | +4.4% |
| SOY | 2024-05-01 | [Argentina: Oilseeds and Products Annual \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/13923-argentina-oilseeds-and-products-annual-usda-foreign-agricultural-service.md) | +7.6% | +6.0% |
| SBM | 2021-03-03 | [USDA FAS lowers Argentina soybean outlook - Brownfield Ag News](https://feedsoft.ai/events/47978-usda-fas-lowers-argentina-soybean-outlook-brownfield-ag-news.md) | -1.9% | -6.9% |
| SBM | 2026-02-01 | [Argentina: Oilseeds and Products Update \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/13806-argentina-oilseeds-and-products-update-usda-foreign-agricultural-service.md) | +2.7% | +9.0% |
| SBM | 2024-06-12 | [USDA Projects Slightly Lower Brazilian Soybean Production](https://feedsoft.ai/events/29690-usda-projects-slightly-lower-brazilian-soybean-production.md) | +0.8% | +2.6% |

## Sources

- news.agropages.com: https://news.agropages.com/News/NewsDetail---32376.htm

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