# High soybean exports in the US and the fall in the euro

> Reports note high US soybean exports while the euro fell against the dollar, making soybean meal more expensive for European buyers. The article is a brief market note with little additional detail.

- Date: 2017-10-27 · published 2017-10-27T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/68542-high-soybean-exports-in-the-us-and-the-fall-in-the-euro
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Strong US soybean export flow tightens available supply, and a weaker euro raises the cost of US-origin meal in euro terms, which supports meal prices for European feed buyers.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- EURUSD: bearish ▼

## Sources

- zmp.de: https://www.zmp.de/en/futures/news/press-review-high-soybean-exports-us-and-fall-euro-price-make-soybean-meal-more

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