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US soybean exports reached a marketing-year high of 2.53 million metric tons in the week of October 23-29, according to USDA. China took 1.59 million tons, over 60% of the total, with Egypt, Spain, Mexico and Pakistan as other buyers.
New 2026-27 soybean sales slowed sharply, falling 44% week on week.
Heavy shipments to China support US soybean and meal prices by tightening available supplies for export. The sharp drop in new bookings suggests that support may fade if buying does not pick up.
feedandgrain.comFeed, Grain StaffNov 5, 2026After 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.
After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% 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.
