2021 U.S. Soybean Outlook Remains Strong After Record First Quarter Export Volume

After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.

• Jul 25, 2025Export Sales to Mexico and South Korea | USDA Foreign Agricultural Service-4.2%
• May 9, 2025Export Sales to Mexico and Pakistan | USDA Foreign Agricultural Service+1.4%
• Feb 1, 2022Export Sales to China and Mexico | USDA Foreign Agricultural Service+6.1%
• Oct 2, 2017Private Exporters Report Sales Activity for Mexico and China | USDA Foreign Agricultural Service+0.4%
• Dec 10, 2019Secretary Perdue Statement on USMCA Agreement | USDA Foreign Agricultural Service+2.8%

After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% over 20.

• Mar 4, 2021ExportPlanning - A record year for US Soybeans - ExportPlanning-3.0%
• Nov 14, 2025U.S.–China Soybean Deal: Comparing Past Export Levels and Global Market Impacts - Center for Commercial Agriculture-3.4%
• Dec 8, 2025China Set for Record 2025 Soybean Imports on Brazil Buys, U.S. Trade Truce-1.5%
• Aug 7, 2025China soybean imports hit record July high on strong Brazil exports, US trade uncertainties | Reuters+4.3%
• Sep 21, 2021Notwithstanding COVID19 induced challenges, India records close to 22% rise in export of agricultural and processed food products in April-August (2021-22) | Ministry of Commerce and Industry+0.2%