# Grain Journal | USDA Oilseeds: World Markets and Trade (May 12):…

> USDA's May 12 Oilseeds: World Markets and Trade report projects global oilseed production up 5% in 2021/22 to a record 632 million tons, with soybean output rising 23 million tons to 386 million. Global oilseed consumption is forecast up 3%, led by higher China soybean demand as its hog herd rebuilds.

- Date: 2021-05-13 · published 2021-05-13T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/47200-grain-journal-usda-oilseeds-world-markets-and-trade-may-12
- 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

A larger projected soybean supply is partly offset by strong Chinese feed-driven demand, which tends to keep oilseed meal and soybean prices supported while supplies rebuild.

## Read by commodity

- SBM: neutral
- SBO: neutral
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-05-20 | [Oilseeds: World Markets and Trade](https://feedsoft.ai/events/24788-oilseeds-world-markets-and-trade.md) | +1.1% | +2.2% |
| SOY | 2021-07-14 | [Grain and Oilseed Markets and Weather Outlook](https://feedsoft.ai/events/45980-grain-and-oilseed-markets-and-weather-outlook.md) | +0.4% | +0.7% |
| SOY | 2024-10-11 | [Canada Know-Risk Market Outlook \| WASDE Neutral for Grain and Oilseeds](https://feedsoft.ai/events/27807-canada-know-risk-market-outlook-wasde-neutral-for-grain-and-oilseeds.md) | -2.6% | +0.1% |
| SOY | 2019-05-31 | [Grain Market Review: Oilseeds-2019](https://feedsoft.ai/events/59148-grain-market-review-oilseeds-2019.md) | -2.3% | -0.1% |
| SOY | 2018-01-01 | [Grains and Oilseeds Outlook](https://feedsoft.ai/events/66848-grains-and-oilseeds-outlook.md) | +0.7% | +5.1% |
| SBM | 2022-08-20 | [Oilseeds: World Markets and Trade \|         Global Oil & Fats Business Online – gofbonline.com](https://feedsoft.ai/events/39999-oilseeds-world-markets-and-trade-global-oil-and-fats-business-online-gofbonline.md) | +4.8% | -4.0% |
| SBM | 2017-10-25 | [Pork: World Markets and Trade - ASPROCER](https://feedsoft.ai/events/68443-pork-world-markets-and-trade-asprocer.md) | -0.8% | +1.3% |
| SBM | 2021-07-16 | [Livestock and Poultry: World Markets and Trade - Poultry Producer](https://feedsoft.ai/events/46223-livestock-and-poultry-world-markets-and-trade-poultry-producer.md) | +0.3% | -1.4% |

## Sources

- grainjournal.com: https://www.grainjournal.com/article/234447/usda-oilseeds-world-markets-and-trade-may-12-strong-global-consumption-growth-in-2021-22

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