# US Soybean Export Sales Running Out of Time

> USDA reported on December 2 that US soybean export commitments totaled 1.366 billion bushels, down 29% from a year earlier, with 749 million bushels destined for China, 31% below last year. The analyst expects exports to fall well short of USDA's 2.050 billion bushel estimate if the pace continues.

- Date: 2021-12-03 · published 2021-12-03T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/43683-us-soybean-export-sales-running-out-of-time
- 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

Weak Chinese purchases raise the risk of higher US ending soybean stocks, which is bearish for soybean prices. Cheaper beans could boost domestic crush and meal output.

## Read by commodity

- SBM: bearish ▼
- SBO: neutral
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-12-03 | [Trump’s trade war sees US soybean exports heading south](https://feedsoft.ai/events/61762-trump-s-trade-war-sees-us-soybean-exports-heading-south.md) | +1.7% | +0.0% |
| SOY | 2024-08-29 | [U.S. soybean export sales down, but not out \| CoBank \| Cooperative. Connected. Committed.](https://feedsoft.ai/events/14726-u-s-soybean-export-sales-down-but-not-out-cobank-cooperative-connected-committed.md) | +5.2% | +8.6% |
| SOY | 2018-02-14 | [Lagging Soybean Sales to China](https://feedsoft.ai/events/66379-lagging-soybean-sales-to-china.md) | +2.2% | +1.7% |
| SOY | 2017-02-06 | [End of January Soybean Meal Export, Shipments](https://feedsoft.ai/events/72571-end-of-january-soybean-meal-export-shipments.md) | +3.1% | -0.0% |
| SOY | 2024-06-12 | [US to turn net exporter of soybean oil on production rise, falling biofuel usage: FAS](https://feedsoft.ai/events/15211-us-to-turn-net-exporter-of-soybean-oil-on-production-rise-falling-biofuel-usage.md) | -0.3% | -3.0% |
| SBM | 2025-12-11 | [Soybean futures rise on fresh US export sales - CBOT
						 \| The Pig Site](https://feedsoft.ai/events/21584-soybean-futures-rise-on-fresh-us-export-sales-cbot-the-pig-site.md) | +0.1% | +0.9% |
| SBM | 2024-08-29 | [U.S. soybean export sales down, but not out \| CoBank \| Cooperative. Connected. Committed.](https://feedsoft.ai/events/14726-u-s-soybean-export-sales-down-but-not-out-cobank-cooperative-connected-committed.md) | +3.2% | +4.6% |
| SBM | 2018-02-14 | [Lagging Soybean Sales to China](https://feedsoft.ai/events/66379-lagging-soybean-sales-to-china.md) | +3.5% | +0.8% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2021/12/03/us-soybean-export-sales-running-time

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