Weekly US soybean export sales reached a marketing-year high of 2.45 million metric tons, with China committing to 1.304 million tons and Egypt buying 218,300 tons. Front-month soybean futures finished 3 to 4 cents higher on the day, and meal sales were reported at 412,671 tons.
Strong export commitments from China tighten US old-crop supplies and support soybean prices. Continued buying would keep US beans competitive for feed processors relying on imports.
After 698 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% 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.