USDA Raises Soybean Exports Estimate, but Gro Predicts Demand Will Increase Further

After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.

• Sep 9, 2020Feed demand increases China’s soybean imports | 2020-09-09 | World Grain+1.9%
• Feb 26, 2025USDA predicts soybean oil use in biofuel production will increase in 2025-‘26 | Biodiesel Magazine-4.6%
• Jan 13, 2017Biggest Surprises of January USDA Reports Seen in Soybean Estimates+3.4%
• Sep 11, 2026USDA: September WASDE increases estimate for 2025-’26 soybean oil use in biofuel | Biomass Magazine+0.3%
• Nov 28, 2023USDA increase estimate for 2022-’23 soybean oil use in biofuel | Biomass Magazine-1.8%

After 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% over 20.

• Feb 26, 2025USDA predicts soybean oil use in biofuel production will increase in 2025-‘26 | Biodiesel Magazine-5.7%
• May 12, 2025USDA: May WASDE predicts soybean oil use in biofuel will expand for 2025-‘26 | Biomass Magazine-0.4%
• Sep 12, 2024USDA increases estimates for 2022-’23 and 2023-’24 soybean oil use in biofuel production | Biodiesel Magazine-0.0%
• Sep 11, 2026USDA: September WASDE increases estimate for 2025-’26 soybean oil use in biofuel | Biomass Magazine-1.2%
• Nov 28, 2023USDA increase estimate for 2022-’23 soybean oil use in biofuel | Biomass Magazine-1.5%