# [Spotlight] Global soybean production rises, but stocks decline… How should South Korea approach raw-material buying?

> 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.

- Date: 2026-11-10 · published 2026-11-11T07:38:16.240Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/93227-spotlight-global-soybean-production-rises-but-stocks-decline-how-should-south
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

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.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-11-11 | [Global soybean market faces challenges amid oilseed production decline \| Feed & Grain](https://feedsoft.ai/events/27430-global-soybean-market-faces-challenges-amid-oilseed-production-decline-feed-and.md) | -1.8% | -2.6% |
| SOY | 2025-01-14 | [US soybean production drops, global oilseed crush rises in 2024/25 \| Feed & Grain](https://feedsoft.ai/events/26590-us-soybean-production-drops-global-oilseed-crush-rises-in-2024-25-feed-and-grain.md) | +2.5% | +0.2% |
| SOY | 2025-11-17 | [USDA lowers global oilseed production forecast, including soybeans, but quotes are falling](https://feedsoft.ai/events/22064-usda-lowers-global-oilseed-production-forecast-including-soybeans-but-quotes.md) | +1.1% | -3.7% |
| SOY | 2025-02-14 | [WASDE Shows Decrease in South American Corn and Soybean Production for 2024/2025](https://feedsoft.ai/events/25997-wasde-shows-decrease-in-south-american-corn-and-soybean-production-for-2024-2025.md) | +0.9% | -3.0% |
| SOY | 2020-10-09 | [USDA Lowers Soybean Ending Stocks, Trims Production](https://feedsoft.ai/events/50595-usda-lowers-soybean-ending-stocks-trims-production.md) | +1.2% | +4.9% |
| SBM | 2024-11-11 | [Global soybean market faces challenges amid oilseed production decline \| Feed & Grain](https://feedsoft.ai/events/27430-global-soybean-market-faces-challenges-amid-oilseed-production-decline-feed-and.md) | -1.9% | -4.2% |
| SBM | 2026-10-21 | [Soybean Oil Prices Decline Amid Rising US Production and Crushing Slowdown; Indian Demand Bolsters Sunflower Oil Market \| Tridge Insights](https://feedsoft.ai/events/504-soybean-oil-prices-decline-amid-rising-us-production-and-crushing-slowdown.md) | -3.1% | — |
| SBM | 2021-02-09 | [US soybean 2020-21 ending stocks fall on higher exports \| S&P Global](https://feedsoft.ai/events/48688-us-soybean-2020-21-ending-stocks-fall-on-higher-exports-s-and-p-global.md) | -2.0% | -5.1% |

## Sources

- foodicon.co.kr: https://foodicon.co.kr/news/articleView.html?idxno=36136

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.