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The USDA projects 2026/27 US soybean meal production at 65.025 million short tons, up 3.8%, with exports up 9.6% and an average price of $310/short ton versus $315 last year. On May 18, the September Dalian soymeal contract closed at 2,985 yuan/ton.
Higher US meal output and a lower projected average price weigh on domestic spot meal prices and remove import cost support. Bearish sentiment is expected to pressure futures.
sunsirs.comMay 19, 2026After 399 past bearish report events, Soybean Meal 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.
