Argentina expected to regain first place in soy meal exports despite fierce competition

After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.

• Nov 5, 2024Argentina’s soybean production to surge 5% in 2024-25 despite ...-1.4%
• Jan 15, 2024Bumper soybean crop expected in Argentina | World Grain+1.1%
• May 25, 2024WASDE sees more soy exports, crush, supply, competition - High Plains Journal-4.8%
• Nov 30, 2021Falling demand for soybean meal expected in EU — Latifundist.com+2.7%
• Sep 30, 2024Argentina to harvest 143.2 million tonnes of grains and oilseeds - Fastmarkets-2.5%

After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.

• Nov 5, 2024Argentina’s soybean production to surge 5% in 2024-25 despite ...+2.5%
• Jan 15, 2024Bumper soybean crop expected in Argentina | World Grain+1.5%
• May 25, 2024WASDE sees more soy exports, crush, supply, competition - High Plains Journal-5.1%
• Nov 30, 2021Falling demand for soybean meal expected in EU — Latifundist.com+1.6%
• Sep 30, 2024Argentina to harvest 143.2 million tonnes of grains and oilseeds - Fastmarkets-2.6%