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New soybean-crushing lines have begun operating in Vietnam, increasing domestic soybean meal production. USDA forecasts output at 2.34 million tonnes in 2026 and 2.5 million tonnes in 2027, even as feed demand grows.
More domestic meal supply could reduce Vietnam’s import requirements and ease pressure on local soybean meal prices. Rising feed demand may absorb part of the added production.
After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% 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.