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

> USDA raised its forecast for US soybean exports, while Gro Intelligence projects demand will rise further. The outlook reflects lower South American production and tightening global vegetable oil inventories linked to the Russia-Ukraine war. The article is mostly website navigation text.

- Date: 2022-04-08 · published 2022-04-08T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/41878-usda-raises-soybean-exports-estimate-but-gro-predicts-demand-will-increase
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher export demand for US soybeans and soyoil tightens supplies and supports prices, which feed buyers face in meal and oil costs.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-09-09 | [Feed demand increases China’s soybean imports \| 2020-09-09  \| World Grain](https://feedsoft.ai/events/51186-feed-demand-increases-china-s-soybean-imports-2020-09-09-world-grain.md) | +1.9% | +7.3% |
| SOY | 2025-02-26 | [USDA predicts soybean oil use in biofuel production will increase in 2025-‘26 \| Biodiesel Magazine](https://feedsoft.ai/events/15143-usda-predicts-soybean-oil-use-in-biofuel-production-will-increase-in-2025-26.md) | -4.6% | -2.9% |
| SOY | 2017-01-13 | [Biggest Surprises of January USDA Reports Seen in Soybean Estimates](https://feedsoft.ai/events/11022-biggest-surprises-of-january-usda-reports-seen-in-soybean-estimates.md) | +3.4% | +2.6% |
| SOY | 2026-09-11 | [USDA: September WASDE increases estimate for 2025-’26 soybean oil use in biofuel \| Biomass Magazine](https://feedsoft.ai/events/14998-usda-september-wasde-increases-estimate-for-2025-26-soybean-oil-use-in-biofuel.md) | +0.3% | -2.2% |
| SOY | 2023-11-28 | [USDA increase estimate for 2022-’23 soybean oil use in biofuel \| Biomass Magazine](https://feedsoft.ai/events/15262-usda-increase-estimate-for-2022-23-soybean-oil-use-in-biofuel-biomass-magazine.md) | -1.8% | -1.2% |
| SBO | 2025-02-26 | [USDA predicts soybean oil use in biofuel production will increase in 2025-‘26 \| Biodiesel Magazine](https://feedsoft.ai/events/15143-usda-predicts-soybean-oil-use-in-biofuel-production-will-increase-in-2025-26.md) | -5.7% | -5.1% |
| SBO | 2025-05-12 | [USDA: May WASDE predicts soybean oil use in biofuel will expand for 2025-‘26 \| Biomass Magazine](https://feedsoft.ai/events/15120-usda-may-wasde-predicts-soybean-oil-use-in-biofuel-will-expand-for-2025-26.md) | -0.4% | -4.1% |
| SBO | 2024-09-12 | [USDA increases estimates for 2022-’23 and 2023-’24 soybean oil use in biofuel production  \| Biodiesel Magazine](https://feedsoft.ai/events/15188-usda-increases-estimates-for-2022-23-and-2023-24-soybean-oil-use-in-biofuel.md) | -0.0% | +3.5% |

## Sources

- gro-intelligence.com: https://www.gro-intelligence.com/insights/usda-raises-soybean-exports-estimate-but-gro-predicts-demand-will-increase-further

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