# Agro Perspectiva

> The USDA May 2026 report forecasts record global oilseed meal trade of 119 million tons in 2026/27, up 6%. Global oilseed production is seen at a record 718 million tons, with higher soybean, sunflowerseed and rapeseed output.

- Date: 2026-05-19 · published 2026-05-19T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/19368-agro-perspectiva
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Record supply and meal trade growth point to ample meal availability and softer meal prices, though strong vegetable oil demand supports crush.

## Read by commodity

- SBM: bearish ▼
- CANMEAL: bearish ▼
- SUNMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2020-07-16 | [Market Perspectives – July 16, 2020 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/4467-market-perspectives-july-16-2020-u-s-grains-and-bioproducts-council.md) | +0.3% | -1.3% |
| SBM | 2019-07-31 | [Prospects for soybean demand - Morning Ag Clips](https://feedsoft.ai/events/58126-prospects-for-soybean-demand-morning-ag-clips.md) | -1.7% | -2.9% |
| SBM | 2025-05-26 | [Datagro raises estimate for soybean and corn production 2024/25 - Revista Cultivar](https://feedsoft.ai/events/13497-datagro-raises-estimate-for-soybean-and-corn-production-2024-25-revista-cultivar.md) | +0.2% | -4.6% |
| SBM | 2018-01-01 | [Large Corn and Soybean Yield Forecasts Hurt Price Prospects](https://feedsoft.ai/events/67026-large-corn-and-soybean-yield-forecasts-hurt-price-prospects.md) | +1.6% | +8.9% |
| SBM | 2024-08-23 | [How Pro Farmer's 2024 Yield Estimates Compare to USDA Expectations - AgWeb](https://feedsoft.ai/events/13162-how-pro-farmer-s-2024-yield-estimates-compare-to-usda-expectations-agweb.md) | +1.2% | +4.4% |

## Sources

- agroperspectiva.com: https://www.agroperspectiva.com/en/news/199596

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