The Brazilian National Association of Grain Exporters (ANEC) reports that Brazil's soybean meal exports for May 2026 are estimated at 2.56 million tons—a 20.9% increase compared to the 2.12 million tons recorded during the same period last year.

With Brazil's May 2026 soybean meal exports projected at 2.56 million tons (up 20.9% year-on-year), global soybean meal supplies are trending toward abundance. Furthermore, domestic costs for imported soybean meal are expected to decline, thereby exerting downward pressure on spot market prices. In the futures market, the benchmark May 2026 (Contract 2609) soybean meal futures contract on the Dalian Commodity Exchange closed on May 8, 2026, at 3,003 RMB per ton—a decline of 5 RMB per ton from the previous trading day. Open interest increased by 39,967 lots, signaling a bearish shift in market sentiment and suggesting that soybean meal prices will remain under pressure in the short term.

SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.