United States Exports of Soybean Meal To World Total (2024-2025)

This chart compares U.S. soybean meal exports (in thousands of dollars) for the first half of 2024 and 2025. In January–March 2024, export values were consistently above 600,000, while 2025 showed lower figures, especially in February. By April–June, both years showed declines, but 2025 values came closer to 2024, with June nearly equal. For purchasers, the softer 2025 export values in early months may reflect reduced global demand or more competitive suppliers entering the market. Nutritionists may interpret this as a potential easing of international price pressure, depending on domestic supply availability. By mid-year, the narrowing gap between 2024 and 2025 suggests exports may be stabilizing. Trade dynamics such as South American harvest competitiveness, shipping costs, and global protein meal demand could all be factors shaping this trend. Could the narrowing export gap in May–June point to stabilizing global demand? Will buyers consider locking in contracts if U.S. soybean meal becomes more competitive internationally?