# Argentina soybean losses could lead to new U.S. bean meal demand - Brownfield Ag News

> Hot, dry weather is damaging Argentina's soybean crop, and analyst Dale Durchholz says reduced output could cut Argentine meal processing. Chicago soybean meal futures have surged over recent weeks on expected crop losses.

- Date: 2018-02-21 · published 2018-02-21T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/66586-argentina-soybean-losses-could-lead-to-new-u-s-bean-meal-demand-brownfield-ag
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Argentina supplies roughly half of world soymeal trade, so reduced processing there raises demand for U.S. meal and supports prices for feed buyers. The U.S. meal export pace is already ahead of last year.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2018-02-13 | [Soybeans, meal up on more dry weather in Argentina - Brownfield Ag News](https://feedsoft.ai/events/10479-soybeans-meal-up-on-more-dry-weather-in-argentina-brownfield-ag-news.md) | +5.2% | +4.1% |
| SBM | 2020-08-24 | [La Nina could impact soybean planting in Brazil, Argentina - Brownfield Ag News](https://feedsoft.ai/events/51519-la-nina-could-impact-soybean-planting-in-brazil-argentina-brownfield-ag-news.md) | +3.9% | +14.9% |
| SBM | 2018-03-15 | [Light commercial demand props up soybeans - Brownfield Ag News](https://feedsoft.ai/events/10259-light-commercial-demand-props-up-soybeans-brownfield-ag-news.md) | -1.0% | +4.1% |
| SBM | 2018-01-19 | [Soybean meal pulls soybeans, corn higher - Brownfield Ag News](https://feedsoft.ai/events/12096-soybean-meal-pulls-soybeans-corn-higher-brownfield-ag-news.md) | +3.7% | +13.8% |
| SBM | 2020-08-28 | [Soybeans supported by demand, damage concerns - Brownfield Ag News](https://feedsoft.ai/events/51651-soybeans-supported-by-demand-damage-concerns-brownfield-ag-news.md) | +3.5% | +14.2% |
| SOY | 2020-08-24 | [La Nina could impact soybean planting in Brazil, Argentina - Brownfield Ag News](https://feedsoft.ai/events/51519-la-nina-could-impact-soybean-planting-in-brazil-argentina-brownfield-ag-news.md) | +5.5% | +13.5% |
| SOY | 2018-02-13 | [Soybeans, meal up on more dry weather in Argentina - Brownfield Ag News](https://feedsoft.ai/events/10479-soybeans-meal-up-on-more-dry-weather-in-argentina-brownfield-ag-news.md) | +2.5% | +3.9% |
| SOY | 2017-05-19 | [Demand props up soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/10223-demand-props-up-soybeans-corn-brownfield-ag-news.md) | -0.6% | -0.6% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/argentina-soybean-losses-lead-new-u-s-bean-meal-demand/

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