Laden…
European importers reported Argentine soybean meal shipments containing traces of the GMO event HB4, which is not authorized in the EU. The reports triggered rejection fears and pushed CBOT soybean futures nearly 3% higher on April 27.
Argentine Up River meal basis fell to a two-month low at a $7/short ton discount to CBOT.
Possible rejections of Argentine meal, the world's largest meal export flow, would shift EU demand toward US meal and widen Argentine export discounts. Buyers should expect firmer CBOT meal and soybean prices and weaker South American basis.
spglobal.comJose Roberto Gomes, Nanditha Kinavoor madathil, Elizabeth Machuca, Paola Caballeros28 apr 2026Na 342 eerdere opwaarts handel-gebeurtenissen bewoog Sojaschroot zich mediaan +0,1% over 5 sessies (51% hoger; middelste helft -1,1% tot +2,6%), en +0,6% over 20.
Na 696 eerdere opwaarts handel-gebeurtenissen bewoog Sojabonen zich mediaan +0,3% over 5 sessies (54% hoger; middelste helft -1,3% tot +1,9%), en +0,7% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
EU detection of unauthorized HB4 GMO traces in Argentine meal raised rejection fears and cut Argentine supply availability, driving CBOT soybean and meal futures about 3% higher on April 27.
