# Supply and demand outlook for U.S. soybeans

> US soybean stocks have stayed steady while global stocks have grown, and the January WASDE raised US carryout by 35 million bushels. South American crops, with Argentina expected to double and Brazil near record, are set to outpace world demand.

- Date: 2024-01-30 · published 2024-01-30T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/32156-supply-and-demand-outlook-for-u-s-soybeans
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Brazil's early export flows during the US sales window threaten US soybean export demand, pressuring soybean and meal prices.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-01-25 | [U.S. grains: Soybean, soyoil futures slide on weak demand - AgCanada](https://feedsoft.ai/events/6835-u-s-grains-soybean-soyoil-futures-slide-on-weak-demand-agcanada.md) | -1.5% | -7.5% |
| SOY | 2025-07-31 | [Oilseeds: heavy losses for soybeans and worries about](https://feedsoft.ai/events/23826-oilseeds-heavy-losses-for-soybeans-and-worries-about.md) | -0.6% | +6.1% |
| SOY | 2024-01-02 | [Commodities 2024: China's soybean demand set to fall amid impending hog supply cuts](https://feedsoft.ai/events/32124-commodities-2024-china-s-soybean-demand-set-to-fall-amid-impending-hog-supply.md) | -4.2% | -5.8% |
| SOY | 2019-08-23 | [Soybeans, corn sink on demand concerns - Brownfield Ag News](https://feedsoft.ai/events/57622-soybeans-corn-sink-on-demand-concerns-brownfield-ag-news.md) | +0.0% | +3.1% |
| SOY | 2017-12-22 | [China tightens import rules for U.S. soybeans](https://feedsoft.ai/events/67345-china-tightens-import-rules-for-u-s-soybeans.md) | +0.3% | +4.0% |
| SBM | 2025-07-31 | [Oilseeds: heavy losses for soybeans and worries about](https://feedsoft.ai/events/23826-oilseeds-heavy-losses-for-soybeans-and-worries-about.md) | +2.6% | +11.0% |
| SBM | 2024-01-02 | [Commodities 2024: China's soybean demand set to fall amid impending hog supply cuts](https://feedsoft.ai/events/32124-commodities-2024-china-s-soybean-demand-set-to-fall-amid-impending-hog-supply.md) | -4.2% | -7.1% |
| SBM | 2019-08-23 | [Soybeans, corn sink on demand concerns - Brownfield Ag News](https://feedsoft.ai/events/57622-soybeans-corn-sink-on-demand-concerns-brownfield-ag-news.md) | -0.6% | -0.9% |

## Sources

- chsinc.com: https://www.chsinc.com/en/news/2024/01/30/supply-demand-us-soybeans

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