Therefore, a rebound remains a strong possibility, especially with a record U.S. harvest expected this fall that could lead to competitive pricing and renewed interest among international buyers.
Factors poised to bolster U.S. soybean exports include anticipated declines in South American soybean yields, heightened EU interest in sustainably sourced soybeans, falling U.S. interest rates, and a potential economic rebound in China. These dynamics could collectively reinvigorate global demand for U.S. soybeans, offering optimism for export sales as the year progresses.