Brazil's soybean meal exports could reach 2.49 million tons in October 2026, up 763 thousand tons from a year earlier, according to a forecast from the grain exporters' association ANEC. Dalian soybean meal futures for January 2027 delivery closed slightly higher on November 2.
Larger shipments from a top exporter add to global meal supply, which could cap import costs for buyers such as China and weigh on meal prices, even as local futures edged up.
After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.