# US Losing Seasonal Soy Sales to Brazil, But Demand Remains Despite Coronavirus Challenges

> The U.S. Soybean Export Council held a virtual conference with buyers from around 100 countries, and USSEC said export sales remain strong. Total 2019-20 soybean sales were 4% above last year, soybean oil sales were up 28%, and meal sales were roughly flat, even as Brazil takes seasonal sales.

- Date: 2020-04-15 · published 2020-04-15T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/53735-us-losing-seasonal-soy-sales-to-brazil-but-demand-remains-despite-coronavirus
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Solid export commitments and strong soyoil sales support US soybean prices, although losing seasonal share to Brazil limits upside in the near term.

## Read by commodity

- SBM: neutral
- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-04-20 | [China's 2019-2020 soybean demand to remain strong despite COVID-19, African swine fever](https://feedsoft.ai/events/53634-china-s-2019-2020-soybean-demand-to-remain-strong-despite-covid-19-african.md) | -0.0% | +0.7% |
| SOY | 2020-09-11 | [China maintains strong demand for U.S. corn, soy: USDA](https://feedsoft.ai/events/50982-china-maintains-strong-demand-for-u-s-corn-soy-usda.md) | +4.4% | +6.6% |
| SOY | 2022-03-02 | [EXCLUSIVE China buys U.S. soybeans on good profits, despite peak Brazil export season](https://feedsoft.ai/events/14946-exclusive-china-buys-u-s-soybeans-on-good-profits-despite-peak-brazil-export.md) | -0.1% | -3.7% |
| SOY | 2023-01-12 | [Brazil making 'atypical' soy sales to Argentina, Anec says \| Reuters](https://feedsoft.ai/events/37809-brazil-making-atypical-soy-sales-to-argentina-anec-says-reuters.md) | -0.0% | +0.3% |
| 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% |
| SBO | 2024-12-11 | [Export demand surging for US corn, soybean oil \| Baking Business](https://feedsoft.ai/events/26904-export-demand-surging-for-us-corn-soybean-oil-baking-business.md) | -2.0% | -2.2% |
| SBO | 2026-09-12 | [Argentina soybean sales speed up as prices rise on China demand, US crop concerns - Markets - Business Recorder](https://feedsoft.ai/events/13779-argentina-soybean-sales-speed-up-as-prices-rise-on-china-demand-us-crop.md) | -0.4% | -0.8% |
| SBO | 2020-05-15 | [Soybeans down, despite demand from China - Brownfield Ag News](https://feedsoft.ai/events/53164-soybeans-down-despite-demand-from-china-brownfield-ag-news.md) | +4.6% | +6.1% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2020/04/15/us-losing-seasonal-soy-sales-brazil

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