# Soybean meal demand pushes global trade to a new record

> 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.

- Date: 2026-08-31 · published 2026-08-31T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/17960-soybean-meal-demand-pushes-global-trade-to-a-new-record
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Record global meal trade reflects steady feed-protein demand, which supports meal prices, though slower trade growth suggests less momentum than in prior seasons.

## Read by commodity

- SBM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2023-04-26 | [USDA forecasts strong global soyabean trade but lower meal and oil…](https://feedsoft.ai/events/36486-usda-forecasts-strong-global-soyabean-trade-but-lower-meal-and-oil.md) | -1.9% | -7.0% |
| SBM | 2023-11-01 | [U.S. Soybean Meal Exports Expected to Reach Record High](https://feedsoft.ai/events/33689-u-s-soybean-meal-exports-expected-to-reach-record-high.md) | +3.7% | +3.9% |
| SBM | 2021-02-18 | [US soybean crush post record Jan volume on robust demand, South American woes](https://feedsoft.ai/events/48717-us-soybean-crush-post-record-jan-volume-on-robust-demand-south-american-woes.md) | -1.0% | -7.0% |
| SBM | 2025-03-11 | [EU soybean meal imports hit a decade high in Q1 amid global crush surge: US FAS](https://feedsoft.ai/events/25658-eu-soybean-meal-imports-hit-a-decade-high-in-q1-amid-global-crush-surge-us-fas.md) | +2.7% | -1.1% |
| SBM | 2025-01-14 | [US soybean meal exports set to reach record highs in 2024/25 \| Feed & Grain](https://feedsoft.ai/events/26589-us-soybean-meal-exports-set-to-reach-record-highs-in-2024-25-feed-and-grain.md) | -0.9% | -0.4% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/soybean-meal-demand-pushes-global-trade-to-a-new-record/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.