
At a U.S. soybean crop briefing in Seoul, speakers said global soybean stocks relative to use are expected to fall even as production grows, with use exceeding production for a second consecutive year. They also forecast that global soybean meal consumption for feed will rise 28% over the next decade, and discussed crop quality, regional weather effects, and sourcing considerations for Korean food and feed buyers.
A tighter global soybean balance alongside rising meal demand could reduce supply flexibility and support soybean and soybean meal prices. Korean importers may need to secure supply while evaluating quality and processing yields.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% 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.