
Former Argentine market official Javier Preciado Patiño said Argentina had already booked 20 million tonnes of soy exports, about 10% ahead of last season. He projected 31 million tonnes for the campaign, which could be the best soymeal export year in the country's history.
Strong Argentine soymeal exports add supply to global protein markets and may pressure feed meal prices. Pace of EU deforestation rules could also shape where that meal ends up.
After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.
After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.
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.