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USDA projects global soybean meal exports for 2026/27 at 89.4 million tons, up 4.3%, marking a fourth consecutive record. Argentina, Brazil and the US are forecast as the top exporters, and the EU is expected to remain the largest importer at 20.4 million tons.
Record global meal trade reflects steady feed-protein demand, which supports meal prices, though slower trade growth suggests less momentum than in prior seasons.
ukragroconsult.comAug 31, 2026After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% 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.
