According to data from the Brazilian Foreign Trade Secretariat, Brazil's soybean meal exports in February 2026 are ahead of the same period last year. The export volume of soybean meal from February 1st to 28th was 1.789 million tons, and for the entire month of February 2025, it was 1.722 million tons.

The export volume of Brazilian soybean meal reached 1.789 million tons in February 2026, an increase of 67,000 tons (3.9%) year-on-year, indicating strong international demand and favorable spot prices for soybean meal. This may reduce domestic supply pressure or push up demand due to increased exports. Combined with the recent market trend of soybean meal futures (such as the closing price of the main contract 2609 at 3,003 RMB/ton, up 41 points; the position increased by 60,483 lots), the bullish sentiment in the market has strengthened, and export data may further support the upward trend of futures prices.

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