# Steps To Competitiveness

> A USDA report finds Brazil has overtaken the U.S. as the world's top soybean exporter, with U.S. market share falling from 66% in 1992 to 40% in 2017. It attributes the shift to Brazil's infrastructure investment and lower production and freight costs.

- Date: 2019-02-01 · published 2019-02-01T12:00:00.000Z
- Category: trade · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/60479-steps-to-competitiveness
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower South American costs and rising Brazilian share pressure U.S. soybean export demand and basis, which tends to weigh on U.S. soybean and soybean meal prices.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-02-01 | [U.S. soy exports hit seven-month low on quality woes, competition](https://feedsoft.ai/events/66527-u-s-soy-exports-hit-seven-month-low-on-quality-woes-competition.md) | -1.3% | +6.2% |
| SOY | 2017-05-22 | [Trade focusing on exports, global corn competition \| Crops \| leadertelegram.com](https://feedsoft.ai/events/70866-trade-focusing-on-exports-global-corn-competition-crops-leadertelegram-com.md) | -2.8% | -1.6% |
| SOY | 2018-10-03 | [ETF Securities: Supply tightness aids cyclical commodities](https://feedsoft.ai/events/62450-etf-securities-supply-tightness-aids-cyclical-commodities.md) | -0.3% | -3.8% |
| SOY | 2018-06-19 | [Commodities Slide as U.S.-China Spat Hits Soy to Steelmakers - Bloomberg](https://feedsoft.ai/events/10576-commodities-slide-as-u-s-china-spat-hits-soy-to-steelmakers-bloomberg.md) | -3.7% | -7.6% |
| SOY | 2023-03-01 | [Are we heading to sub-$4 corn?](https://feedsoft.ai/events/37351-are-we-heading-to-sub-4-corn.md) | +2.3% | -1.5% |
| SBM | 2025-10-16 | [China’s act on US soybean may pressure crude palm oil’s competitiveness — RHB Research](https://feedsoft.ai/events/22492-china-s-act-on-us-soybean-may-pressure-crude-palm-oil-s-competitiveness-rhb.md) | +4.6% | +17.0% |
| SBM | 2018-02-01 | [U.S. soy exports hit seven-month low on quality woes, competition](https://feedsoft.ai/events/66527-u-s-soy-exports-hit-seven-month-low-on-quality-woes-competition.md) | -0.7% | +16.6% |
| SBM | 2024-12-17 | [COMMODITIES 2025: Brazil to boost meal output amid competition from Argentina](https://feedsoft.ai/events/27011-commodities-2025-brazil-to-boost-meal-output-amid-competition-from-argentina.md) | +0.7% | +4.7% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2019/02/01/u-s-soybean-producers-building-ways

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