# Soybeans hit with heavy selling overnight

> Soybean futures sold off heavily overnight after the big grain rally stalled. Early estimates of flood damage in Argentina proved less severe than feared, and drier weather was forecast there for the following week.

- Date: 2016-04-22 · published 2016-04-22T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/8546-soybeans-hit-with-heavy-selling-overnight
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Smaller estimated Argentine losses reduce expected tightness in South American soybean and meal supplies, weighing on soybean and soybean meal prices.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-10-30 | [U.S. grains: Soybeans retreat on Brazil rains, technical selling - AgCanada](https://feedsoft.ai/events/68486-u-s-grains-soybeans-retreat-on-brazil-rains-technical-selling-agcanada.md) | +0.2% | +2.1% |
| SOY | 2026-04-28 | [Corn, Wheat Make Near Term Highs on Global Crop Concerns: Soybeans See Profit Taking - AgWeb](https://feedsoft.ai/events/12287-corn-wheat-make-near-term-highs-on-global-crop-concerns-soybeans-see-profit.md) | +2.6% | +0.7% |
| SOY | 2026-06-19 | [Will Corn, Soybeans and Wheat Rebound After the Holiday Selloff?](https://feedsoft.ai/events/11701-will-corn-soybeans-and-wheat-rebound-after-the-holiday-selloff.md) | +0.3% | +9.2% |
| SOY | 2026-07-29 | [Soybeans Sink on Weather, Pulling Down Corn and Wheat: Cattle Continue to Recover - AgWeb](https://feedsoft.ai/events/18361-soybeans-sink-on-weather-pulling-down-corn-and-wheat-cattle-continue-to-recover.md) | -4.7% | +1.3% |
| SOY | 2026-07-27 | [CBOT review: Soybeans, grains fall with crude oil \| The Western Producer](https://feedsoft.ai/events/8282-cbot-review-soybeans-grains-fall-with-crude-oil-the-western-producer.md) | -6.1% | -1.8% |
| SBM | 2017-10-30 | [U.S. grains: Soybeans retreat on Brazil rains, technical selling - AgCanada](https://feedsoft.ai/events/68486-u-s-grains-soybeans-retreat-on-brazil-rains-technical-selling-agcanada.md) | +0.6% | +4.8% |
| SBM | 2026-07-29 | [Soybeans Sink on Weather, Pulling Down Corn and Wheat: Cattle Continue to Recover - AgWeb](https://feedsoft.ai/events/18361-soybeans-sink-on-weather-pulling-down-corn-and-wheat-cattle-continue-to-recover.md) | -2.2% | +1.5% |
| SBM | 2018-11-15 | [Brazil's Soybean Planting Progress Hits 71%](https://feedsoft.ai/events/61886-brazil-s-soybean-planting-progress-hits-71.md) | +0.3% | +1.2% |

## Sources

- farmprogress.com: https://www.farmprogress.com/soybean/soybeans-hit-with-heavy-selling-overnight

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