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Speakers at the 2026 U.S. soybean crop report event in Seoul said global soybean stocks-to-use is expected to fall even as production rises, since crush and other uses have exceeded output for two consecutive years. Global soymeal consumption for livestock feed is projected to rise 28% over the next decade, and Korea imported 0.86 million tonnes of crushing soybeans, 0.27 million tonnes of food soybeans, 0.49 million tonnes of soybean oil and 1.73 million tonnes of soymeal last year.
Tightening soybean stocks-to-use and rising soymeal demand support soymeal and soybean prices, so feed buyers face firmer raw material costs and should weigh digestibility and quality in sourcing.
foodicon.co.kr김현옥 기자Nov 10, 2026After 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.
