South American Gains Export Share at Expense of U.S.

After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.

• Jan 30, 2026China Turns to South America for Soybeans as U.S. Corn, Sorghum Exports Gain Momentum - RFD+0.7%
• Sep 17, 2021Black Sea corn reaps the rewards of US, South America export woes - Fastmarkets-4.3%
• Oct 19, 2017U.S. grains: Soy, wheat, corn firm on export demand - AgCanada+0.4%
• Sep 22, 2017U.S. grains: Soy at six-week top on exports, yield uncertainty - Grainews+0.2%
• May 6, 2025March U.S. Ethanol and DDGS Exports Post Strong Gains-1.4%

After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.

• Oct 27, 2016U.S. grains: Soybeans rise on export sales, soymeal gains - Grainews-3.3%
• Oct 19, 2017U.S. grains: Soy, wheat, corn firm on export demand - AgCanada-0.9%
• Aug 27, 2026Oilseeds: Soybeans Are Gaining Momentum; Exports Are+3.6%
• Sep 22, 2017U.S. grains: Soy at six-week top on exports, yield uncertainty - Grainews-1.2%
• Mar 30, 2018U.S. ambassador warns against China curbing American soy imports: Bloomberg-1.1%

After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.

• Oct 27, 2016U.S. grains: Soybeans rise on export sales, soymeal gains - Grainews-3.9%
• Aug 27, 2026Oilseeds: Soybeans Are Gaining Momentum; Exports Are+3.0%
• Jan 12, 2021EU soybean meal imports slump on tight South American supplies: sources+2.5%
• Mar 30, 2018U.S. ambassador warns against China curbing American soy imports: Bloomberg+0.6%
• Sep 16, 2025South America Soybean Exports Squeeze Crush Margins Soybean crush margins in South America squashed by record exports | Kpler - Sep 16, 2025-2.2%