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USDA’s Foreign Agricultural Service forecasts China’s soybean oil exports at a record 1.35 million tonnes in 2026-27, up from 1.08 million tonnes in 2025-26. It attributes the increase to rising soybean crushing for meal and softer soy oil demand; feed meal consumption is forecast to remain flat at 107 million tonnes.
Higher Chinese exports would add soybean oil to global export supply and could weigh on prices. Steady meal demand and largely unchanged crush forecasts temper the outlook for a broader shift in oilseed demand.
world-grain.comSusan ReidyNov 10, 2026After 146 past bearish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +1.9%), and +0.4% 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.
