# U.S. soy exports hit seven-month low on quality woes, competition

> U.S. soybean export sales fell to a seven-month low in the latest week, according to government data. Stiff competition from Brazil and concerns over lower U.S. crop quality reduced demand from buyers such as China, and futures fell sharply in Chicago.

- Date: 2018-02-01 · published 2018-02-01T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/66527-u-s-soy-exports-hit-seven-month-low-on-quality-woes-competition
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Weaker U.S. export demand and Brazilian price competition weigh on soybean and meal prices, giving feed buyers a softer near-term outlook for U.S. soy products.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2022-07-26 | [Brazil’s Soy Meal Exports Hit Record High on Less Domestic Demand \| CZ app](https://feedsoft.ai/events/40553-brazil-s-soy-meal-exports-hit-record-high-on-less-domestic-demand-cz-app.md) | +8.2% | +3.7% |
| SOY | 2019-05-29 | [Local ports see 'dramatic hit' to soybean exports during US-China trade war](https://feedsoft.ai/events/59104-local-ports-see-dramatic-hit-to-soybean-exports-during-us-china-trade-war.md) | +3.0% | +5.5% |
| SOY | 2018-05-07 | [Brazil, other competitors close gaps on U.S. export markets \| 2018-05-07 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/65059-brazil-other-competitors-close-gaps-on-u-s-export-markets-2018-05-07-agri-pulse.md) | -3.2% | -2.5% |
| SOY | 2018-12-03 | [Trump’s trade war sees US soybean exports heading south](https://feedsoft.ai/events/61762-trump-s-trade-war-sees-us-soybean-exports-heading-south.md) | +1.7% | +0.0% |
| SBM | 2025-04-24 | [CBOT soybeans near two-month high on export optimism](https://feedsoft.ai/events/11800-cbot-soybeans-near-two-month-high-on-export-optimism.md) | -0.8% | -0.4% |
| SBM | 2022-07-26 | [Brazil’s Soy Meal Exports Hit Record High on Less Domestic Demand \| CZ app](https://feedsoft.ai/events/40553-brazil-s-soy-meal-exports-hit-record-high-on-less-domestic-demand-cz-app.md) | +7.2% | +2.3% |
| SBM | 2019-05-29 | [Local ports see 'dramatic hit' to soybean exports during US-China trade war](https://feedsoft.ai/events/59104-local-ports-see-dramatic-hit-to-soybean-exports-during-us-china-trade-war.md) | +2.6% | +0.9% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-soybeans-exports/u-s-soy-exports-hit-seven-month-low-on-quality-woes-competition-idUSKBN1FL6RC/

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