# AgriMarketing.com - Brazil's Supply Of Soybeans Is Running Low

> Brazilian soybean crushers are running short of beans as competition from Chinese buyers tightens remaining 2017-18 supplies. Some plants have halted or slowed processing due to negative margins, and soybean inventories are expected to fall to 1.5 million tons, the lowest since 1999. Brazil shipped 69.2 million tons of soybeans through September, up 13 percent year over year.

- Date: 2018-10-12 · published 2018-10-12T12:00:00.000Z
- Category: trade · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/62630-agrimarketing-com-brazil-s-supply-of-soybeans-is-running-low
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Tight Brazilian soybean and soymeal/oil inventories and heavy Chinese demand support prices for soybeans, soymeal and soyoil until new crop arrives in early 2019.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- USDBRL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-09-14 | [China snaps up Brazil soybeans on urgent demand, tight US supply - Fastmarkets](https://feedsoft.ai/events/45119-china-snaps-up-brazil-soybeans-on-urgent-demand-tight-us-supply-fastmarkets.md) | -0.8% | -3.5% |
| SOY | 2020-05-29 | [Agrarian Superstate Importing Soybean or Why Is the Market Short of This Oilseed Crop? — Latifundist.com](https://feedsoft.ai/events/53254-agrarian-superstate-importing-soybean-or-why-is-the-market-short-of-this.md) | +2.4% | +2.6% |
| SOY | 2024-08-22 | [Brazil soybean meal export market higher ahead of EU sustainability rule](https://feedsoft.ai/events/28881-brazil-soybean-meal-export-market-higher-ahead-of-eu-sustainability-rule.md) | -0.5% | +5.2% |
| SOY | 2022-01-31 | [Soybeans up on export demand, supply concerns - Brownfield Ag News](https://feedsoft.ai/events/43182-soybeans-up-on-export-demand-supply-concerns-brownfield-ag-news.md) | +5.7% | +11.9% |
| SOY | 2024-06-14 | [China is Buying Soybeans Again, But Why? - AgWeb](https://feedsoft.ai/events/14741-china-is-buying-soybeans-again-but-why-agweb.md) | -2.4% | -9.4% |
| SBM | 2022-11-15 | [China mulls importing soybean meal from Brazil as supply shortage bites](https://feedsoft.ai/events/38746-china-mulls-importing-soybean-meal-from-brazil-as-supply-shortage-bites.md) | +0.1% | +9.8% |
| SBM | 2020-05-29 | [Agrarian Superstate Importing Soybean or Why Is the Market Short of This Oilseed Crop? — Latifundist.com](https://feedsoft.ai/events/53254-agrarian-superstate-importing-soybean-or-why-is-the-market-short-of-this.md) | +1.9% | +0.4% |
| SBM | 2024-08-22 | [Brazil soybean meal export market higher ahead of EU sustainability rule](https://feedsoft.ai/events/28881-brazil-soybean-meal-export-market-higher-ahead-of-eu-sustainability-rule.md) | +0.2% | +2.3% |

## Sources

- agrimarketing.com: https://www.agrimarketing.com/s/119907

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