# Brazil’s Soy Meal Exports Hit Record High on Less Domestic Demand | CZ app

> Brazil exported a record 10.4 million tonnes of soybean meal in the first half of 2022, up 28% year on year, according to government data. Abiove forecasts full-year 2022 meal exports of 18.5 million tonnes, despite a smaller soybean crop of 124 million tonnes and expected crushing of 48.3 million tonnes.

- Date: 2022-07-26 · published 2022-07-26T12:00:00.000Z
- Category: trade · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/40553-brazil-s-soy-meal-exports-hit-record-high-on-less-domestic-demand-cz-app
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Heavy Brazilian meal exports add supply to global markets, which is bearish for soymeal prices. Lower domestic meat-driven meal use is the cause, and buyers may find more export-priced meal available.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2018-01-25 | [Soy source: Brazil's share of soybean exports to China hits record](https://feedsoft.ai/events/67014-soy-source-brazil-s-share-of-soybean-exports-to-china-hits-record.md) | -1.2% | +10.2% |
| 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 | 2020-03-03 | [Brazil's soybeans sales to China and soy-meal exports to the EU remain very strong — MercoPress](https://feedsoft.ai/events/54191-brazil-s-soybeans-sales-to-china-and-soy-meal-exports-to-the-eu-remain-very.md) | -1.9% | +7.7% |
| SBM | 2026-06-20 | [Brazil’s soymeal export push challenges Argentina’s dominance - Markets - Business Recorder](https://feedsoft.ai/events/18881-brazil-s-soymeal-export-push-challenges-argentina-s-dominance-markets-business.md) | +1.2% | +5.7% |
| SBM | 2021-09-07 | [China's August soybean imports fall on flat demand - Markets - Business Recorder](https://feedsoft.ai/events/45066-china-s-august-soybean-imports-fall-on-flat-demand-markets-business-recorder.md) | +1.7% | -3.9% |
| SOY | 2018-01-25 | [Soy source: Brazil's share of soybean exports to China hits record](https://feedsoft.ai/events/67014-soy-source-brazil-s-share-of-soybean-exports-to-china-hits-record.md) | +0.4% | +4.0% |
| SOY | 2020-03-03 | [Brazil's soybeans sales to China and soy-meal exports to the EU remain very strong — MercoPress](https://feedsoft.ai/events/54191-brazil-s-soybeans-sales-to-china-and-soy-meal-exports-to-the-eu-remain-very.md) | -3.0% | -0.9% |
| SOY | 2026-06-20 | [Brazil’s soymeal export push challenges Argentina’s dominance - Markets - Business Recorder](https://feedsoft.ai/events/18881-brazil-s-soymeal-export-push-challenges-argentina-s-dominance-markets-business.md) | +0.3% | +9.2% |

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/brazils-soy-meal-exports-hit-record-high-on-less-domestic-demand/

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