International Soybean Market

07-May-2025 08:36 AM

International Soybean Market
★ In the U.S., soybean planting reached 30% as of Sunday, which is higher than the average of 23%.
★ According to the Census report, the U.S. exported 3.5 million tons of soybeans in March, marking the largest export in March since 1967.
★ Exports were 12% higher than February 2025 and 14% higher than March 2024. Total exports have reached 42 million tons.
★ Soybean meal exports set a record at 1.6 million tons, while soybean oil exports reached 150,000 tons, the highest in 15 years.
★ Before the expected increase in tariffs by the U.S., many countries are increasing their imports of soybeans, soybean meal, and soybean oil from the U.S.