# Tighter Global Oilseed Supplies Calls for Greater Operational Efficiencies - U.S. Soybean Export Council

> In its September WASDE, the USDA cut US soybean beginning stocks by 10 million bushels and lowered the US soybean yield to 50.1 bushels per acre. It also reduced global oilseed production by 2.8 million metric tons, with cuts in Canada and EU rapeseed, and cut global soybean crush by 1.8 million metric tons.

- Date: 2023-09-13 · published 2023-09-13T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/34138-tighter-global-oilseed-supplies-calls-for-greater-operational-efficiencies-u-s
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower US and global oilseed supplies tighten the market for soybeans and meal, supporting prices and raising the cost of protein for feed buyers.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-05-21 | [USDA forecasts tighter soybean supplies](https://feedsoft.ai/events/19295-usda-forecasts-tighter-soybean-supplies.md) | -0.4% | -6.4% |
| SOY | 2023-01-17 | [Demand for U.S. Soy Remains Strong Near Term - U.S. Soybean Export Council](https://feedsoft.ai/events/10666-demand-for-u-s-soy-remains-strong-near-term-u-s-soybean-export-council.md) | -3.1% | +0.3% |
| SOY | 2023-08-16 | [Soybean supplies look tight, but more could be on the way \| Feed Strategy](https://feedsoft.ai/events/34514-soybean-supplies-look-tight-but-more-could-be-on-the-way-feed-strategy.md) | +2.1% | +1.0% |
| SOY | 2026-02-20 | [Oilseeds: Soybeans pick up: Bulls bet on export hopes](https://feedsoft.ai/events/5503-oilseeds-soybeans-pick-up-bulls-bet-on-export-hopes.md) | +0.6% | +2.4% |
| SOY | 2025-01-14 | [US soybean production drops, global oilseed crush rises in 2024/25 \| Feed & Grain](https://feedsoft.ai/events/26590-us-soybean-production-drops-global-oilseed-crush-rises-in-2024-25-feed-and-grain.md) | +2.5% | +0.2% |
| SBM | 2018-02-12 | [Aquaculture: A Growing Opportunity for U.S. Soy - U.S. Soybean Export Council](https://feedsoft.ai/events/66575-aquaculture-a-growing-opportunity-for-u-s-soy-u-s-soybean-export-council.md) | +8.6% | +7.6% |
| SBM | 2023-01-17 | [Demand for U.S. Soy Remains Strong Near Term - U.S. Soybean Export Council](https://feedsoft.ai/events/10666-demand-for-u-s-soy-remains-strong-near-term-u-s-soybean-export-council.md) | -8.4% | -1.6% |
| SBM | 2026-02-20 | [Oilseeds: Soybeans pick up: Bulls bet on export hopes](https://feedsoft.ai/events/5503-oilseeds-soybeans-pick-up-bulls-bet-on-export-hopes.md) | +5.3% | +9.4% |

## Sources

- ussec.org: https://ussec.org/news/tighter-global-oilseed-supplies-calls-for-greater-operational-efficiencies/

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