# Conventional soybean meal prices jump sharply  : The Daily Digest

> UFOP reported that conventional soybean meal prices firmed substantially at the end of November 2017, with 48% protein meal up about 14% from the September low to EUR 333 per tonne. Dry weather in Argentina, the largest soymeal exporter, raised concerns about soybean crop losses and reduced crushing, and planting was only about half complete.

- Date: 2017-12-16 · published 2017-12-16T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/67548-conventional-soybean-meal-prices-jump-sharply-the-daily-digest
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Argentine dryness threatens soymeal export supply, so the price rise could persist if planting delays and crop stress continue.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2022-02-01 | [Organic Soybean Meal Prices Reach Tipping Point as Conventional Prices Surge - The Jacobsen](https://feedsoft.ai/events/12634-organic-soybean-meal-prices-reach-tipping-point-as-conventional-prices-surge.md) | +7.2% | +7.8% |
| SBM | 2019-05-29 | [Dalian soybean meal prices are up 3% this morning - the](https://feedsoft.ai/events/8251-dalian-soybean-meal-prices-are-up-3-this-morning-the.md) | +2.6% | +0.9% |
| SBM | 2017-12-08 | [Drought dries out corn and soy profits, raises prices  : The Daily Digest](https://feedsoft.ai/events/67323-drought-dries-out-corn-and-soy-profits-raises-prices-the-daily-digest.md) | -3.7% | -4.8% |
| SBM | 2023-05-15 | [Summer Soybean Meal Prices Resist New Lows](https://feedsoft.ai/events/36011-summer-soybean-meal-prices-resist-new-lows.md) | -3.2% | -6.3% |
| SBM | 2022-12-14 | [Concerns over Argentine soybean crop raises meal prices in Brazil - DatamarNews](https://feedsoft.ai/events/38321-concerns-over-argentine-soybean-crop-raises-meal-prices-in-brazil-datamarnews.md) | +0.4% | +11.5% |
| SOY | 2022-02-01 | [Organic Soybean Meal Prices Reach Tipping Point as Conventional Prices Surge - The Jacobsen](https://feedsoft.ai/events/12634-organic-soybean-meal-prices-reach-tipping-point-as-conventional-prices-surge.md) | +6.1% | +14.4% |
| SOY | 2019-05-29 | [Dalian soybean meal prices are up 3% this morning - the](https://feedsoft.ai/events/8251-dalian-soybean-meal-prices-are-up-3-this-morning-the.md) | +3.0% | +5.5% |
| SOY | 2017-12-08 | [Drought dries out corn and soy profits, raises prices  : The Daily Digest](https://feedsoft.ai/events/67323-drought-dries-out-corn-and-soy-profits-raises-prices-the-daily-digest.md) | -2.4% | -3.4% |

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/conventional-soybean-meal-prices-jump-sharply/

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