# Expanding Horizons: U.S. Soybean Meal's Role in Global Growth - U.S. Soybean Export Council

> The US Soybean Export Council promoted US soybean meal as a high-digestibility feed ingredient, citing new and expanded US crush plants planned through 2026. It highlighted growing Pacific Northwest shipments to Asia, including a Korean buyer delegation's visit to Grays Harbor.

- Date: 2024-05-28 · published 2024-05-28T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/30324-expanding-horizons-u-s-soybean-meal-s-role-in-global-growth-u-s-soybean-export
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Expanding US crush capacity and export logistics increase soybean meal availability for Asian feed buyers, which is a bearish factor for meal prices over time.

## Read by commodity

- SBM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2026-02-09 | [INFOGRAPHIC: Brazil soybean meal exports reach record in 2025 amid growing EU demand, low prices \| S&P Global](https://feedsoft.ai/events/20691-infographic-brazil-soybean-meal-exports-reach-record-in-2025-amid-growing-eu.md) | +1.6% | +6.0% |
| SBM | 2017-03-20 | [Top Soybean Meal Exporters Reduced Export In February](https://feedsoft.ai/events/72083-top-soybean-meal-exporters-reduced-export-in-february.md) | -3.3% | -4.7% |
| SBM | 2023-09-07 | [Brazil Breaks Soybean Export Record and Displaces Argentina in the Global Soybean Meal Market - farmdoc daily](https://feedsoft.ai/events/14814-brazil-breaks-soybean-export-record-and-displaces-argentina-in-the-global.md) | -1.1% | -8.6% |
| SBM | 2019-05-28 | [A changing global soybean market](https://feedsoft.ai/events/59137-a-changing-global-soybean-market.md) | +6.7% | +5.7% |
| SBM | 2020-01-31 | [Beijing is in control of global soybean market - Manitoba Co-operator](https://feedsoft.ai/events/55112-beijing-is-in-control-of-global-soybean-market-manitoba-co-operator.md) | -1.1% | +2.4% |

## Sources

- ussec.org: https://ussec.org/news/expanding-horizons-u-s-soybean-meals-role-in-global-growth/

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