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The article says global seaborne dry bulk trade is likely to grow more strongly in 2026 than in 2025, though the outlook depends partly on whether the Middle East conflict is resolved. Global trade in soybeans and meal is projected to increase by about 4 million tonnes to 274.7 million tonnes in the 2026/27 year, with growth slowing to under 2%; further growth in China’s imports is a key support.
Expected growth in China’s imports could support demand for soybeans and soybean meal, but the slower projected trade expansion limits the bullish signal. Uncertainty over the conflict also clouds the outlook for shipping and trade flows.
worldports.orgEmily CarterNov 9, 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 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.
