# Soybean Discounts Skyrocket as Demand Slows the Flow of Beans Down the Mississippi River

> Gulf export terminals Bunge, Zen-Noh and Louis Dreyfus have raised damage discounts on soybeans after a wet harvest in Louisiana, Arkansas and Mississippi, with some discounts more than triple typical levels. Terminals accept only pre-contracted beans or those with damage below 5 to 8 percent, as slack export demand slows the flow of higher-quality beans downriver.

- Date: 2018-10-10 · published 2018-10-10T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/62424-soybean-discounts-skyrocket-as-demand-slows-the-flow-of-beans-down-the
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Wider discounts on damaged beans reflect weak export demand and widen the gap between high- and low-quality soybean prices, which signals weak Gulf soybean demand and pressure on cash soybean values.

## Read by commodity

- SBM: neutral
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-02-18 | [Brazil FOB soybean basis bid at discount on slow loading, weak demand - Fastmarkets](https://feedsoft.ai/events/48692-brazil-fob-soybean-basis-bid-at-discount-on-slow-loading-weak-demand-fastmarkets.md) | +2.9% | +2.5% |
| SOY | 2025-08-27 | [Low Mississippi River and reduced demand affecting basis - Brownfield Ag News](https://feedsoft.ai/events/16432-low-mississippi-river-and-reduced-demand-affecting-basis-brownfield-ag-news.md) | -1.2% | -1.9% |
| SOY | 2026-03-16 | [After the Bell \| Limit down day in soybeans - Pro Farmer](https://feedsoft.ai/events/4717-after-the-bell-limit-down-day-in-soybeans-pro-farmer.md) | -4.1% | -4.0% |
| SOY | 2023-04-14 | [China's soybean demand slump baffles market \| The Western Producer](https://feedsoft.ai/events/36428-china-s-soybean-demand-slump-baffles-market-the-western-producer.md) | -0.2% | -3.8% |
| SOY | 2019-06-26 | [Prices for canola and canola down under pressure from the soybean market](https://feedsoft.ai/events/58695-prices-for-canola-and-canola-down-under-pressure-from-the-soybean-market.md) | -3.0% | -1.4% |
| SBM | 2020-05-15 | [Soybeans down, despite demand from China - Brownfield Ag News](https://feedsoft.ai/events/53164-soybeans-down-despite-demand-from-china-brownfield-ag-news.md) | -0.9% | +1.3% |
| SBM | 2017-04-06 | [US Agriculture Bets the Farm on Chinese Soy Demand](https://feedsoft.ai/events/71362-us-agriculture-bets-the-farm-on-chinese-soy-demand.md) | +0.9% | +1.4% |
| SBM | 2022-07-28 | [All Eyes on Soybean Oil Demand - AgWeb](https://feedsoft.ai/events/40577-all-eyes-on-soybean-oil-demand-agweb.md) | -0.9% | -3.5% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2018/10/10/soybean-discounts-skyrocket-demand

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