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US net export sales of soybean meal for the 2026/27 marketing year reached 390,400 tonnes for the week ended October 29, up 12% from the previous week and 63% above the four-week average. Sales for 2027/28 totaled 300 tonnes, and the report said the strong 2026/27 sales could support domestic spot and futures prices.
Above-average export bookings point to stronger overseas demand for US soybean meal, supporting US prices and potentially tightening exportable supply. The reported sales are a meaningful demand signal but not, on their own, a major market-moving announcement.
sunsirs.comNov 6, 2026After 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.
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.
