# US demand for soy byproducts sustains soybean futures; BR liquidity rises - Center for Advanced Studies on Applied Economics

> Firm US demand for soybean meal and oil lifted CME prices in late June and supported soybean futures. In Brazil, strong export demand raised export premiums and domestic prices, with CEPEA/ESALQ Paranaguá at BRL 133.58 per bag on June 30. Hormuz tensions and possible Argentine disruption are cited as supports for US and Brazilian exports.

- Date: 2026-07-02 · published 2026-07-02T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/18435-us-demand-for-soy-byproducts-sustains-soybean-futures-br-liquidity-rises-center
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Strong byproduct demand and higher export premiums support soybean values in both countries. Competition between crushers and exporters tightens domestic supply in Brazil.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲

## Sources

- cepea.org.br: https://cepea.org.br/en/brazilian-agribusiness-news/us-demand-for-soy-byproducts-sustains-soybean-futures-br-liquidity-rises.aspx

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