# USDA Analysts Forecast Record 2022 U.S. Soy Crop; Global Supplies Revised Upward - U.S. Soybean Export Council

> USSEC's webinar discussed USDA's August WASDE projecting a record 2022 US soybean crop of 4.53 billion bushels (123.3 MMT) and revised-up global supplies. Industry speakers also flagged risks including the Russia-Ukraine war, COVID, inflation and supply chain disruption.

- Date: 2022-08-16 · published 2022-08-16T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/40069-usda-analysts-forecast-record-2022-u-s-soy-crop-global-supplies-revised-upward
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A record US soybean crop and higher global supplies point to ample export availability, which is bearish for soybean prices.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-04-11 | [USDA Forecasts Steady U.S. Corn and Soybean Supplies](https://feedsoft.ai/events/36342-usda-forecasts-steady-u-s-corn-and-soybean-supplies.md) | +2.0% | -1.2% |
| SOY | 2024-08-12 | [USDA Forecasts Record Soybean Crop](https://feedsoft.ai/events/28713-usda-forecasts-record-soybean-crop.md) | -8.7% | -2.7% |
| SOY | 2025-02-27 | [USDA Forecasts Record Corn Crop, Larger Soybean Crop for 2025-26](https://feedsoft.ai/events/13114-usda-forecasts-record-corn-crop-larger-soybean-crop-for-2025-26.md) | -2.6% | -2.3% |
| SOY | 2016-08-15 | [USDA adjusts forecasts based on record corn, soybean crops](https://feedsoft.ai/events/9949-usda-adjusts-forecasts-based-on-record-corn-soybean-crops.md) | +2.4% | -1.9% |
| SOY | 2024-08-22 | [Record US soybean crop forecast in 2024 \| World Grain](https://feedsoft.ai/events/28788-record-us-soybean-crop-forecast-in-2024-world-grain.md) | -0.5% | +5.2% |

## Sources

- ussec.org: https://ussec.org/news/usda-analysts-forecast-record-2022-u-s-soy-crop-global-supplies-revised-upward/

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