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The USDA kept its 2026/27 soybean meal supply and demand estimates unchanged in its June report, with production at 65.025 million short tons, exports at 21.7 million, and ending stocks at 0.45 million. The average price forecast was trimmed to $310 per short ton from $315.
A lower USDA price forecast with rising production and exports signals a softer meal price outlook for US feed buyers.
sunsirs.comJun 17, 2026After 399 past bearish report events, SBM moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% 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.
