# Oilseeds Focus Vol 3 No 4 - December 2017

> Proteinresearch.net's outlook for 2018 says global soybean ending stocks are 96.1 million tons versus 94.9 million a year earlier. It forecasts a South African soybean area increase of 25% to 720,000 hectares and notes a bird-flu epidemic that cut at least three million layer hens in the Western Cape.

- Date: 2017-12-04 · published 2017-12-04T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/67583-oilseeds-focus-vol-3-no-4-december-2017
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Large global stocks point to pressure on soy and soymeal prices, while bird-flu losses in South Africa add a modest offset by reducing feed demand from layers.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-12-03 | [Grain crop review for November 2019](https://feedsoft.ai/events/55433-grain-crop-review-for-november-2019.md) | +3.1% | +8.3% |
| SOY | 2021-12-01 | [Grain Transportation Report, December 30, 2021](https://feedsoft.ai/events/16744-grain-transportation-report-december-30-2021.md) | +2.7% | +11.4% |
| SOY | 2019-12-18 | [U.S. Farm Income Outlook: November 2019 Forecast](https://feedsoft.ai/events/55428-u-s-farm-income-outlook-november-2019-forecast.md) | +0.8% | -0.5% |
| SOY | 2024-02-26 | [Grain and Oilseeds Spiral Lower](https://feedsoft.ai/events/8025-grain-and-oilseeds-spiral-lower.md) | +0.9% | +5.3% |
| SOY | 2018-01-11 | [December rainfall helps to improve harvest forecast for 2018 \| News Agency](https://feedsoft.ai/events/66831-december-rainfall-helps-to-improve-harvest-forecast-for-2018-news-agency.md) | +2.7% | +4.3% |
| SBM | 2019-05-31 | [Grain Market Review: Oilseeds-2019](https://feedsoft.ai/events/59148-grain-market-review-oilseeds-2019.md) | -3.5% | -4.6% |
| SBM | 2018-03-28 | [EU oilseeds market 2018/19 remains only 67%](https://feedsoft.ai/events/66102-eu-oilseeds-market-2018-19-remains-only-67.md) | +2.5% | +1.0% |
| SBM | 2019-12-03 | [Grain crop review for November 2019](https://feedsoft.ai/events/55433-grain-crop-review-for-november-2019.md) | +1.9% | +3.0% |

## Sources

- proteinresearch.net: https://www.proteinresearch.net/index.php?page=oilseeds-focus-vol-3-no-4-december-2017

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