# The global biodiesel boom alters the soybean business and pressures Argentine exports

> 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.

- Date: 2026-11-02 · published 2026-11-02T21:17:50.048Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/76082-the-global-biodiesel-boom-alters-the-soybean-business-and-pressures-argentine
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

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.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲

## Sources

- lanota.com.ar: https://lanota.com.ar/econom%C3%ADa/el-boom-global-del-biodiesel-altera-el-negocio-de-la-soja-y-presiona-las-exportaciones-argentinas_1485

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