# COMMENTARY: Recent strength in US soy sales not enough to lift export prospects

> A Reuters commentary says recent strength in US soybean sales is not enough to lift export prospects. It notes slow soybean bookings compared with last year and Mississippi River restrictions affecting grain movement to the main export hub.

- Date: 2024-10-01 · published 2024-10-01T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/28340-commentary-recent-strength-in-us-soy-sales-not-enough-to-lift-export-prospects
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Weak export bookings and river constraints keep US soybean demand pressured, limiting price upside for soybeans and meal.

## Read by commodity

- SOY: bearish ▼
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-03-06 | [US soy exports to China may never match prior levels \| Feed Strategy](https://feedsoft.ai/events/60120-us-soy-exports-to-china-may-never-match-prior-levels-feed-strategy.md) | -1.8% | -0.1% |
| SOY | 2024-08-29 | [U.S. soybean export sales down, but not out \| CoBank \| Cooperative. Connected. Committed.](https://feedsoft.ai/events/14726-u-s-soybean-export-sales-down-but-not-out-cobank-cooperative-connected-committed.md) | +5.2% | +8.6% |
| SOY | 2019-06-04 | [U.S. soy exporters struggle with huge China export commitments in midst of trade war - CTRM Center](https://feedsoft.ai/events/58485-u-s-soy-exporters-struggle-with-huge-china-export-commitments-in-midst-of-trade.md) | -2.3% | +0.7% |
| SOY | 2021-12-03 | [US Soybean Export Sales Running Out of Time](https://feedsoft.ai/events/43683-us-soybean-export-sales-running-out-of-time.md) | +1.6% | +6.8% |
| SOY | 2020-03-03 | [Brazil's soybeans sales to China and soy-meal exports to the EU remain very strong — MercoPress](https://feedsoft.ai/events/54191-brazil-s-soybeans-sales-to-china-and-soy-meal-exports-to-the-eu-remain-very.md) | -3.0% | -0.9% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/recent-strength-us-soy-sales-not-enough-lift-export-prospects-2024-09-20/

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