# Soybean meal futures rose amid concern on trade logistics - The Global Herald

> Soybean meal futures rose on concerns about logistics for South American soybean exports, which could be limiting shipments to China. The article is brief and gives few specifics beyond the logistics worry.

- Date: 2020-03-24 · published 2020-03-24T12:00:00.000Z
- Category: logistics · region South America · magnitude low
- Page: https://feedsoft.ai/events/6173-soybean-meal-futures-rose-amid-concern-on-trade-logistics-the-global-herald
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Logistics risk in South America can reduce soymeal export availability, supporting feed protein prices. The effect depends on how long the disruption lasts.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBM | 2020-03-24 | 1 | -3.1% | -3.3 | Dated the same day as the drop, it shows soymeal had been pushed up by South American logistics worries, so the -3.1% move likely reflects an unwinding of that premium. |
| SOY | 2020-03-23 | 5 | +7.4% | 3.5 | Meal futures rose on concerns about South American logistics limiting shipments to China, which shifts demand toward US supply. |
| SBM | 2020-03-22 | 5 | +11.8% | 5.4 | Soymeal rose on South American export logistics worries, but it is dated after the move window and is thin on detail. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2022-04-19 | [Argentina port workers to go on strike in the middle of soybean, corn harvest \| S&P Global](https://feedsoft.ai/events/41858-argentina-port-workers-to-go-on-strike-in-the-middle-of-soybean-corn-harvest-s.md) | -3.0% | -11.3% |
| SBM | 2022-01-11 | [Shallow Parana river pressures Argentinian FOB soybean meal, oil basis levels \| S&P Global](https://feedsoft.ai/events/43209-shallow-parana-river-pressures-argentinian-fob-soybean-meal-oil-basis-levels-s.md) | +2.9% | +6.0% |
| SBM | 2018-02-13 | [Soybean shortage or poor crush capacity allocation? - Lakefront Futures & Options \| Commodity Hedging \| Trading \| Managed Futures](https://feedsoft.ai/events/66589-soybean-shortage-or-poor-crush-capacity-allocation-lakefront-futures-and.md) | +5.2% | +4.1% |
| SBM | 2024-09-12 | [Brazilian soybean meal widens gap to Argentina \| S&P Global](https://feedsoft.ai/events/28390-brazilian-soybean-meal-widens-gap-to-argentina-s-and-p-global.md) | +1.3% | +2.4% |
| SBM | 2021-09-30 | [Palm oil futures hit all-time high as China rushes to fill soy oil shortage \| S&P Global](https://feedsoft.ai/events/45163-palm-oil-futures-hit-all-time-high-as-china-rushes-to-fill-soy-oil-shortage-s.md) | -4.5% | -2.1% |
| SOY | 2022-04-19 | [Argentina port workers to go on strike in the middle of soybean, corn harvest \| S&P Global](https://feedsoft.ai/events/41858-argentina-port-workers-to-go-on-strike-in-the-middle-of-soybean-corn-harvest-s.md) | -0.7% | -3.4% |
| SOY | 2024-09-12 | [Brazilian soybean meal widens gap to Argentina \| S&P Global](https://feedsoft.ai/events/28390-brazilian-soybean-meal-widens-gap-to-argentina-s-and-p-global.md) | +3.5% | +4.1% |
| SOY | 2026-01-19 | [Rising Freight Costs Reshape Global Soybean Competition - RFD](https://feedsoft.ai/events/21222-rising-freight-costs-reshape-global-soybean-competition-rfd.md) | +0.4% | +7.2% |

## Sources

- theglobalherald.com: https://theglobalherald.com/news/soybean-meal-futures-rose-amid-concern-on-trade-logistics/

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