# Argentina soybean imports soaring | 2018-12-05  | World Grain

> According to a USDA GAIN report dated December 4, Argentina imported over 3.5 million tonnes of soybeans in 2017-18, up 135% year on year, with imports possibly reaching 5.5 million tonnes. USDA projects 2018-19 Argentine soybean output at 56 million tonnes, up from 36 million tonnes, as weather improves.

- Date: 2018-12-05 · published 2018-12-05T12:00:00.000Z
- Category: trade · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/61426-argentina-soybean-imports-soaring-2018-12-05-world-grain
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Heavy Argentine imports to rebuild domestic crush and the expected output rebound shift global soybean trade flows, and the export tax change favoring whole beans affects meal and oil supply.

## Read by commodity

- SBM: bearish ▼
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-05-17 | [Bunge to consider soybean exports to Argentina \| World-grain.com \| May 16, 2018 20:12 \| World Grain](https://feedsoft.ai/events/64866-bunge-to-consider-soybean-exports-to-argentina-world-grain-com-may-16-2018-20.md) | +4.0% | -7.3% |
| SOY | 2022-10-24 | [China's monthly soybean imports jump \| World Grain](https://feedsoft.ai/events/14892-china-s-monthly-soybean-imports-jump-world-grain.md) | -0.6% | +2.3% |
| SOY | 2021-08-17 | [India could allow soybean meal imports \| 2021-08-17  \| World Grain](https://feedsoft.ai/events/45647-india-could-allow-soybean-meal-imports-2021-08-17-world-grain.md) | -6.0% | -7.2% |
| SOY | 2020-12-22 | [China to import record amount of soybeans \| 2020-12-22  \| World Grain](https://feedsoft.ai/events/49644-china-to-import-record-amount-of-soybeans-2020-12-22-world-grain.md) | +4.2% | +10.2% |
| SOY | 2020-06-05 | [Analysts say China to continue buying US soybeans \| 2020-06-05  \| World Grain](https://feedsoft.ai/events/52605-analysts-say-china-to-continue-buying-us-soybeans-2020-06-05-world-grain.md) | -0.2% | +2.9% |
| SBM | 2026-01-13 | [Argentina soybean exports forecast to rise \| World Grain](https://feedsoft.ai/events/13812-argentina-soybean-exports-forecast-to-rise-world-grain.md) | -1.9% | +1.2% |
| SBM | 2020-11-30 | [China September Soybean Imports Ease \| Feed & Grain](https://feedsoft.ai/events/50150-china-september-soybean-imports-ease-feed-and-grain.md) | -2.4% | +4.2% |
| SBM | 2025-09-30 | [Argentina’s soybeans are rewriting the trade story \| World Ports Organization](https://feedsoft.ai/events/23077-argentina-s-soybeans-are-rewriting-the-trade-story-world-ports-organization.md) | +0.7% | +12.8% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/11330-argentina-soybean-imports-soaring

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