# U.S. soy demand seen falling after price jump - Supply Chain Council of European Union | Scceu.org

> Demand for U.S. soybeans is falling as large South American harvests in Brazil and Argentina reduce export prospects. USDA cut its soybean export outlook by 65 million bushels and domestic crush by 10 million bushels, and soybean futures fell about 4.3% at midday.

- Date: 2022-07-14 · published 2022-07-14T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/5592-u-s-soy-demand-seen-falling-after-price-jump-supply-chain-council-of-european
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Reduced U.S. export and crush demand builds ending stocks, pressuring soybean and soymeal prices as buyers shift to South American supply.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBM | 2022-07-14 | 1 | -10.7% | -8.8 | Dated July 14, it reports USDA cuts to soybean exports and crush plus a roughly 4.3% midday drop in soybean futures, which fits the sharp selloff in soy complex prices on the move date. |
| SOY | 2022-07-14 | 1 | -8.9% | -5.9 | Dated July 14, it reports USDA cuts to soybean exports and crush plus a roughly 4.3% midday futures drop, tying the move to weaker demand from large South American crops. |
| SBM | 2022-07-19 | 5 | -9.9% | -3.3 | Falling demand for US soybeans amid large South American crops and USDA cuts to exports and crush weighed on soy futures on July 14, spilling over to meal. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2016-07-18 | [Grain Supply and Demand report sends grain prices falling](https://feedsoft.ai/events/7417-grain-supply-and-demand-report-sends-grain-prices-falling.md) | -6.2% | -6.5% |
| SOY | 2021-11-26 | [Soybean output up in Europe, but fall off in demand predicted for non-GM meal](https://feedsoft.ai/events/12232-soybean-output-up-in-europe-but-fall-off-in-demand-predicted-for-non-gm-meal.md) | -1.8% | +5.2% |
| SOY | 2021-11-30 | [Falling demand for soybean meal expected in EU — Latifundist.com](https://feedsoft.ai/events/12233-falling-demand-for-soybean-meal-expected-in-eu-latifundist-com.md) | +1.6% | +9.5% |
| SOY | 2018-09-21 | [Surprising Drop in Prices of Corn, Soybeans, and Soy Meal – Lider Media](https://feedsoft.ai/events/62927-surprising-drop-in-prices-of-corn-soybeans-and-soy-meal-lider-media.md) | +0.6% | +1.6% |
| SOY | 2019-03-08 | [Soybeans, corn down after supply and demand report - Brownfield Ag News](https://feedsoft.ai/events/60038-soybeans-corn-down-after-supply-and-demand-report-brownfield-ag-news.md) | -0.1% | +1.8% |
| SBM | 2021-11-26 | [Soybean output up in Europe, but fall off in demand predicted for non-GM meal](https://feedsoft.ai/events/12232-soybean-output-up-in-europe-but-fall-off-in-demand-predicted-for-non-gm-meal.md) | -0.6% | +11.2% |
| SBM | 2021-11-30 | [Falling demand for soybean meal expected in EU — Latifundist.com](https://feedsoft.ai/events/12233-falling-demand-for-soybean-meal-expected-in-eu-latifundist-com.md) | +2.7% | +16.6% |
| SBM | 2026-06-19 | [Soybean meal and oil: global demand sustains market, but excess supply pressures prices in the second half of the year](https://feedsoft.ai/events/18880-soybean-meal-and-oil-global-demand-sustains-market-but-excess-supply-pressures.md) | +1.2% | +5.7% |

## Sources

- scceu.org: https://scceu.org/u-s-soy-demand-seen-falling-after-price-jump/

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