A weekly survey by the National Association of Grain Exporters (ANEC) indicates that Brazil's soybean exports for June 2026 are estimated at 12.36 million tonnes, a 10.4% decrease from the 13.79 million tonnes recorded in June of the previous year.
With Brazil's June soybean export forecast at 12.36 million tonnes—down 10.4% year-on-year—global soybean supply is expected to tighten. my country relies heavily on soybean imports, with Brazil serving as a key source; a decline in Brazilian exports suggests a contraction in expected import supplies for China, providing significant bullish support for both soybean spot and futures prices.
Soybean meal is a downstream product of soybean crushing; while tighter soybean import supplies raise the cost floor for raw materials, current domestic spot supplies of soybean meal remain generally ample. Consequently, the bullish support is limited, exerting only a mildly positive influence on prices. razil's June Soybean Export Forecast Shows Year-on-Year Decline
A weekly survey by the National Association of Grain Exporters (ANEC) indicates that Brazil's soybean exports for June 2026 are estimated at 12.36 million tonnes, a 10.4% decrease from the 13.79 million tonnes recorded in June of the previous year.
With Brazil's June soybean export forecast at 12.36 million tonnes—down 10.4% year-on-year—global soybean supply is expected to tighten. my country relies heavily on soybean imports, with Brazil serving as a key source; a decline in Brazilian exports suggests a contraction in expected import supplies for China, providing significant bullish support for both soybean spot and futures prices.
Soybean meal is a downstream product of soybean crushing; while tighter soybean import supplies raise the cost floor for raw materials, current domestic spot supplies of soybean meal remain generally ample. Consequently, the bullish support is limited, exerting only a mildly positive influence on prices.
SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.
