# Too much wrong: soybean meal oversupplied globally due to biofuel, with Argentine plants stopped and no law

> Analysts cite a Rosario Stock Exchange report showing that inflation-adjusted Chicago soymeal prices match levels from 26 years ago. Higher US and Brazilian biodiesel crushing has produced surplus meal that is pressuring prices lower. Argentine crushing plants are reported to be idle amid a lack of regulation.

- Date: 2026-11-03 · published 2026-11-03T13:36:33.073Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/77776-too-much-wrong-soybean-meal-oversupplied-globally-due-to-biofuel-with-argentine
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Surplus meal from biodiesel crushing weighs on global soymeal prices, giving feed buyers cheaper protein supply while Argentine export capacity is reduced.

## Read by commodity

- SBM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2022-12-05 | [Lowered taxes to boost Argentine soyabean meal and oil exports](https://feedsoft.ai/events/13993-lowered-taxes-to-boost-argentine-soyabean-meal-and-oil-exports.md) | +9.8% | +13.7% |
| SBM | 2016-12-30 | [Argentina: New plan to reduce the export tax on soybean - Global Trade Alert](https://feedsoft.ai/events/73319-argentina-new-plan-to-reduce-the-export-tax-on-soybean-global-trade-alert.md) | -2.3% | +6.2% |
| SBM | 2024-02-06 | [New Government and the Demands of the Soybean Sector in Argentina](https://feedsoft.ai/events/13938-new-government-and-the-demands-of-the-soybean-sector-in-argentina.md) | -2.8% | -8.4% |
| SBM | 2017-11-28 | [Soybean meal: lower export duties in Argentina](https://feedsoft.ai/events/67812-soybean-meal-lower-export-duties-in-argentina.md) | +2.5% | -3.6% |
| SBM | 2016-11-24 | [Soybean oil futures rose by 7% due to high biofuel](https://feedsoft.ai/events/6691-soybean-oil-futures-rose-by-7-due-to-high-biofuel.md) | -1.7% | -2.2% |

## Sources

- sl24.com.ar: https://sl24.com.ar/harina-soja-mercado-estancado-biodiesel-brasil-estados-unidos-impacto-argentina/

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