South American soy fed to EU livestock drives Gran Chaco deforestation

After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% over 20.

• May 28, 2019Trade war drives need for South American soybean derivs | FOW+6.7%
• Jul 16, 2020A fifth of EU soy imports from Brazil could be tainted by deforestation, study says+0.3%
• Dec 3, 2020Economist’s Angle: The Outlook for Growth in Chinese Soybean Demand - American Soybean Association-1.3%
• Jan 30, 2025Speculative fluctuations in grain and oilseed prices will increase due to uncertainty about duties and harvest in South America-0.5%
• Jun 4, 2019Exclusive: Pile drive - China expected to divert outstanding U.S. soybean cargoes into reserves-2.2%

After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.

• May 28, 2019Trade war drives need for South American soybean derivs | FOW+5.9%
• Jul 16, 2020A fifth of EU soy imports from Brazil could be tainted by deforestation, study says+1.5%
• Feb 18, 2025US paper industry asks Trump to seek lighter EU deforestation rules | Reuters-0.7%
• Feb 20, 2025Freight rates climb on South American demand - Fastmarkets-0.7%
• Jan 12, 2021EU soybean meal imports slump on tight South American supplies: sources+0.8%