# US soybean export sales start slow amid global economic challenges | Feed & Grain

> US soybean export sales for the new 2024/25 marketing year have fallen to levels not seen since 2008, excluding the 2019 trade war lows. CoBank analysts expect demand to recover, citing a possible smaller South American crop and EU deforestation rules starting December 30, 2024.

- Date: 2024-08-30 · published 2024-08-30T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/28787-us-soybean-export-sales-start-slow-amid-global-economic-challenges-feed-and
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Weak early export pace is bearish near term, but a possible Brazilian shortfall and EU rules could lift US demand and support prices later in the season.

## Read by commodity

- SBM: neutral
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-11-30 | [Soybeans End Flat \| Feed & Grain](https://feedsoft.ai/events/50179-soybeans-end-flat-feed-and-grain.md) | -2.4% | +5.3% |
| SOY | 2021-06-30 | [Report: China Changes Buying Tactics \| Feed & Grain](https://feedsoft.ai/events/46561-report-china-changes-buying-tactics-feed-and-grain.md) | +2.0% | +5.3% |
| SOY | 2026-07-30 | [Argentine Soybean Exports Surge Amid Strong Domestic Supply](https://feedsoft.ai/events/13785-argentine-soybean-exports-surge-amid-strong-domestic-supply.md) | -2.2% | +6.5% |
| SOY | 2024-11-30 | [CISCE: Sustainable soybean trade will benefit both China and the United States--China Economic Net](https://feedsoft.ai/events/14706-cisce-sustainable-soybean-trade-will-benefit-both-china-and-the-united-states.md) | +0.4% | -0.8% |
| SOY | 2021-03-04 | [ExportPlanning - A record year for US Soybeans - ExportPlanning](https://feedsoft.ai/events/47971-exportplanning-a-record-year-for-us-soybeans-exportplanning.md) | +0.1% | +1.8% |
| SBM | 2019-03-14 | [Europe Buys More U.S. Soybeans as Exports to China Plunge - Caixin Global](https://feedsoft.ai/events/8268-europe-buys-more-u-s-soybeans-as-exports-to-china-plunge-caixin-global.md) | +3.8% | +3.3% |
| SBM | 2025-10-29 | [India's soybean meal exports fall by 11% due to high prices - The Economic Times](https://feedsoft.ai/events/22478-india-s-soybean-meal-exports-fall-by-11-due-to-high-prices-the-economic-times.md) | +3.4% | +2.2% |
| SBM | 2026-10-29 | [Fed Holds Rates Steady as Soybeans Break Support and Russian Grain Exports Expand \| American Ag Network](https://feedsoft.ai/events/76-fed-holds-rates-steady-as-soybeans-break-support-and-russian-grain-exports.md) | -3.3% | — |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/grain-supply-chain/grain-trade-export/news/15682943/us-soybean-export-sales-start-slow-amid-global-economic-challenges

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