# USDA Lowers Forecasts for Soybean Production and Exports from Ukraine – Ukraine open for business

> The USDA's November WASDE report, released November 10, 2026, cut its 2026/27 soybean production and export forecasts for Ukraine. Global soybean production was lowered by 200,000 tonnes to 442.5 million tonnes, while global soybean trade was raised by 550,000 tonnes to 192.55 million tonnes. U.S. production was raised to 124.48 million tonnes on improved yields.

- Date: 2026-11-13 · published 2026-11-13T09:14:28.488Z
- Category: report · region Ukraine · magnitude low
- Page: https://feedsoft.ai/events/97571-usda-lowers-forecasts-for-soybean-production-and-exports-from-ukraine-ukraine
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower Ukrainian and South African output and exports tighten some supply, but higher U.S. and Argentine exports and a larger U.S. crop offset much of the effect, so the net price impact on soybeans and soybean meal is likely modest.

## Read by commodity

- SBM: neutral
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-12-08 | [USDA Lowers Brazilian Soybean Production, Increases Exports](https://feedsoft.ai/events/32631-usda-lowers-brazilian-soybean-production-increases-exports.md) | +0.2% | -5.5% |
| SOY | 2025-11-14 | [USDA Lowers Corn and Soybean Production Estimates](https://feedsoft.ai/events/21885-usda-lowers-corn-and-soybean-production-estimates.md) | -0.8% | -4.9% |
| SOY | 2022-10-12 | [USDA maintains forecast for soybean oil use in biofuel production \| Biodiesel Magazine](https://feedsoft.ai/events/15365-usda-maintains-forecast-for-soybean-oil-use-in-biofuel-production-biodiesel.md) | -0.3% | +4.9% |
| SOY | 2025-09-18 | [USDA lowers corn, soybean yield forecasts – AgriNews](https://feedsoft.ai/events/13055-usda-lowers-corn-soybean-yield-forecasts-agrinews.md) | -3.3% | -3.6% |
| SOY | 2023-04-26 | [USDA forecasts strong global soyabean trade but lower meal and oil…](https://feedsoft.ai/events/36486-usda-forecasts-strong-global-soyabean-trade-but-lower-meal-and-oil.md) | -0.4% | -8.5% |
| SBM | 2024-02-12 | [USDA experts adjusted forecasts for global vegetable oils and meal production](https://feedsoft.ai/events/31794-usda-experts-adjusted-forecasts-for-global-vegetable-oils-and-meal-production.md) | -0.4% | -4.1% |
| SBM | 2024-06-12 | [USDA Projects Slightly Lower Brazilian Soybean Production](https://feedsoft.ai/events/29690-usda-projects-slightly-lower-brazilian-soybean-production.md) | +0.8% | +2.6% |
| SBM | 2025-04-30 | [US soybean oil consumption for RD production hits all-time low](https://feedsoft.ai/events/25203-us-soybean-oil-consumption-for-rd-production-hits-all-time-low.md) | -1.5% | +1.2% |

## Sources

- open4business.com.ua: https://open4business.com.ua/en/usda-lowers-forecasts-for-soybean-production-and-exports-from-ukraine/

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