# Soy exports on pace for record year

> U.S. Soybean Export Council CEO Jim Sutter said US soybean exports are on pace for a record 2021 marketing year ending August 31, with demand diversified across many countries rather than concentrated in China. Sutter noted that about 60% of US soybeans are exported.

- Date: 2021-08-27 · published 2021-08-27T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/45649-soy-exports-on-pace-for-record-year
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong, broad export demand tightens US old-crop supplies and supports soybean prices into the new marketing year, which is supportive for feed costs.

## Read by commodity

- SBM: neutral
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-07-03 | [China poised for record July soybean imports on low prices](https://feedsoft.ai/events/14735-china-poised-for-record-july-soybean-imports-on-low-prices.md) | -2.0% | -11.7% |
| SOY | 2021-08-26 | [Record US Soybean Exports Contribute to Price Surge](https://feedsoft.ai/events/45590-record-us-soybean-exports-contribute-to-price-surge.md) | -5.1% | -4.6% |
| SOY | 2025-12-08 | [China Set for Record 2025 Soybean Imports on Brazil Buys, U.S. Trade Truce](https://feedsoft.ai/events/21532-china-set-for-record-2025-soybean-imports-on-brazil-buys-u-s-trade-truce.md) | -2.6% | -5.7% |
| SOY | 2020-11-07 | [China's Oct soybean imports jump 41% on year on swine fever recovery \| S&P Global](https://feedsoft.ai/events/50147-china-s-oct-soybean-imports-jump-41-on-year-on-swine-fever-recovery-s-and-p.md) | +3.9% | +5.5% |
| SOY | 2022-04-29 | [Record U.S. corn, soy sales for next year signal demand strength, jitters](https://feedsoft.ai/events/14938-record-u-s-corn-soy-sales-for-next-year-signal-demand-strength-jitters.md) | -1.6% | +1.2% |
| SBM | 2021-03-04 | [ExportPlanning - A record year for US Soybeans - ExportPlanning](https://feedsoft.ai/events/47971-exportplanning-a-record-year-for-us-soybeans-exportplanning.md) | -3.0% | -1.7% |
| SBM | 2025-12-08 | [China Set for Record 2025 Soybean Imports on Brazil Buys, U.S. Trade Truce](https://feedsoft.ai/events/21532-china-set-for-record-2025-soybean-imports-on-brazil-buys-u-s-trade-truce.md) | -1.5% | -3.0% |
| SBM | 2026-03-31 | [Analysis: US renderers push for VAT relief on exports to Mexico - GlobalPETS](https://feedsoft.ai/events/20277-analysis-us-renderers-push-for-vat-relief-on-exports-to-mexico-globalpets.md) | -0.9% | +5.9% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/grain-market-news/soy-exports-on-pace-for-record-year

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