# US red meat exports adding value to corn and soybeans - Brownfield Ag News

> A US Meat Export Federation study by World Perspectives found beef and pork exports drove one in four bushels of added corn feed demand and one in eight tons of added soybean meal demand. Red meat exports also contributed over 12% of the per-bushel corn price and 9% of soybean price.

- Date: 2020-07-21 · published 2020-07-21T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/52196-us-red-meat-exports-adding-value-to-corn-and-soybeans-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Growing meat export demand supports feed grain and meal consumption, reinforcing the livestock-to-grain demand link that underpins corn and soymeal prices.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- HOGS: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-10-27 | [Demand supports soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/9242-demand-supports-soybeans-corn-brownfield-ag-news.md) | -2.9% | -2.3% |
| CORN | 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) | +1.5% | -0.5% |
| CORN | 2017-09-13 | [Soybeans supported by new export sale to China - Brownfield Ag News](https://feedsoft.ai/events/68860-soybeans-supported-by-new-export-sale-to-china-brownfield-ag-news.md) | +1.3% | +4.7% |
| CORN | 2016-05-12 | [Export demand supports corn - Brownfield Ag News](https://feedsoft.ai/events/9924-export-demand-supports-corn-brownfield-ag-news.md) | +2.3% | +9.3% |
| CORN | 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) | -5.7% | -14.2% |
| 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 | 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% |
| 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% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/us-red-meat-exports-adding-value-to-corn-and-soybeans/

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