# Soybeans up on export demand, supply concerns - Brownfield Ag News

> Soybeans rose on commercial and technical buying after China purchased about 129,000 tonnes of U.S. beans for 2021/22 and 2022/23 delivery. Brazil's crop estimate was cut to 128.5 million tonnes by AgRural, and dry weather is expected in Argentina and southern Brazil.

- Date: 2022-01-31 · published 2022-01-31T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/43182-soybeans-up-on-export-demand-supply-concerns-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Chinese purchases and a smaller Brazilian crop support U.S. export demand and soybean meal prices. Soybean oil weakness partly offset gains.

## Read by commodity

- SBM: bullish ▲
- SBO: bearish ▼
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2016-10-27 | [Demand supports soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/9242-demand-supports-soybeans-corn-brownfield-ag-news.md) | -3.3% | +3.6% |
| SOY | 2017-05-16 | [Soybeans up on new export sale - Brownfield Ag News](https://feedsoft.ai/events/71066-soybeans-up-on-new-export-sale-brownfield-ag-news.md) | -0.9% | -3.4% |
| SOY | 2017-09-22 | [Solid demand supports soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/68987-solid-demand-supports-soybeans-corn-brownfield-ag-news.md) | -1.2% | +1.6% |
| SOY | 2016-06-17 | [Weather, demand support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/10753-weather-demand-support-soybeans-corn-brownfield-ag-news.md) | -0.9% | -5.5% |
| SOY | 2016-12-06 | [New export sales support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/6328-new-export-sales-support-soybeans-corn-brownfield-ag-news.md) | -1.2% | -3.6% |
| SBM | 2017-05-16 | [Soybeans up on new export sale - Brownfield Ag News](https://feedsoft.ai/events/71066-soybeans-up-on-new-export-sale-brownfield-ag-news.md) | -1.5% | -3.5% |
| SBM | 2017-09-22 | [Solid demand supports soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/68987-solid-demand-supports-soybeans-corn-brownfield-ag-news.md) | -0.7% | +4.0% |
| SBM | 2016-06-17 | [Weather, demand support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/10753-weather-demand-support-soybeans-corn-brownfield-ag-news.md) | -3.6% | -7.1% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-up-on-export-demand-supply-concerns/

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