Exports totaled 994,000 metric tons, up from a revised 783,500 metric tons in the prior week, while the same week in 2024 saw 1,907,000 metric tons shipped.
For the 2025/26 marketing season, total U.S. soybean exports reached 4 million metric tons as of October 15, reflecting a 26.1% year-over-year decline. This represents 8.8% of the annual export target, up slightly from 6.6% last week.
The lower export volumes are attributed to reduced orders from China, the largest buyer of U.S. soybeans. Analysts note that soybean shipments from Brazil and Argentina have increasingly filled market demand, with both countries expected to set record export volumes this season.
Despite the weekly increase, the U.S. soybean sector faces ongoing challenges in meeting global demand, as competition from South American suppliers continues to influence shipment patterns.
Overall, while weekly exports showed an improvement, the year-on-year shortfall highlights continued pressure on the U.S. market amid shifts in global supply and demand.
This report underscores the need for careful monitoring of international trade flows, particularly with major buyers and competing exporters, to anticipate seasonal export trends.
In summary, U.S. soybean exports are rising modestly on a weekly basis but remain well below last year’s levels, largely due to China’s reduced buying and the record volumes from Brazil and Argentina, affecting the U.S. share in the global soybean market.
