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Rising soybean oil demand for biofuels in the US and Brazil has pushed global soymeal supply to a surplus, with real meal prices falling to 26-year lows. Citing a Rosario Board of Trade report, the article projects record global meal output of 300 million tonnes for 2026/27.
Argentina's export edge in meal is narrowing as Brazil and the US expand their own processing.
Each extra tonne of oil from crushing yields about four tonnes of meal, so biofuel-driven crush floods the meal market. That weighs on meal prices and squeezes Argentine export margins, while supporting soybean oil.
lanota.com.arAugusto ClarkeNov 2, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
