# Trade war drives need for South American soybean derivs | FOW

> Industry commentary says the collapse of the US-China trade deal increases the need for a South American soybean derivatives contract. The piece cites an expert view and gives no new trade data.

- Date: 2019-05-28 · published 2019-05-28T12:00:00.000Z
- Category: trade · region South America · magnitude low
- Page: https://feedsoft.ai/events/59147-trade-war-drives-need-for-south-american-soybean-derivs-fow
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A trade-war-driven push for a South American derivatives contract could shift hedging and price discovery away from US benchmarks, adding some bearish pressure on soy derivatives pricing.

## Read by commodity

- SBM: neutral
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-08-15 | [South American soy fed to EU livestock drives Gran Chaco deforestation](https://feedsoft.ai/events/63555-south-american-soy-fed-to-eu-livestock-drives-gran-chaco-deforestation.md) | +1.2% | -4.1% |
| SOY | 2019-10-30 | [Soybean Prices are a Proxy for How the Trade War is Going - Global Trade Magazine](https://feedsoft.ai/events/56614-soybean-prices-are-a-proxy-for-how-the-trade-war-is-going-global-trade-magazine.md) | +0.4% | -3.7% |
| SOY | 2026-07-21 | [Global demand for soybean meal drives prices up in Brazil and the U.S.](https://feedsoft.ai/events/18436-global-demand-for-soybean-meal-drives-prices-up-in-brazil-and-the-u-s.md) | -1.4% | -2.0% |
| SOY | 2018-09-21 | [For bold Chinese buyers of soybeans, bargain U.S. prices trump trade war](https://feedsoft.ai/events/62891-for-bold-chinese-buyers-of-soybeans-bargain-u-s-prices-trump-trade-war.md) | +0.6% | +1.6% |
| SOY | 2021-01-12 | [EU soybean meal imports slump on tight South American supplies: sources](https://feedsoft.ai/events/49224-eu-soybean-meal-imports-slump-on-tight-south-american-supplies-sources.md) | +0.8% | +2.0% |
| SBM | 2018-08-15 | [South American soy fed to EU livestock drives Gran Chaco deforestation](https://feedsoft.ai/events/63555-south-american-soy-fed-to-eu-livestock-drives-gran-chaco-deforestation.md) | -3.0% | -5.8% |
| SBM | 2018-12-03 | [Trump’s trade war sees US soybean exports heading south](https://feedsoft.ai/events/61762-trump-s-trade-war-sees-us-soybean-exports-heading-south.md) | -0.1% | +0.9% |
| SBM | 2018-11-12 | [U.S. soybean farmers hang on for dear life in Trump's China trade war](https://feedsoft.ai/events/62097-u-s-soybean-farmers-hang-on-for-dear-life-in-trump-s-china-trade-war.md) | +1.7% | +1.1% |

## Sources

- fow.com: https://www.fow.com/insights/3692532-trade-war-drives-need-for-south-american-soybean-derivs

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