US Soybean Shipments are Down 46% This Year... Can We Recover??
US Soybean Shipments are Down 46% This Year... Can We Recover??  
Podcast: Grain Markets and Other Stuff
Published On: Tue Dec 30 2025
Description: Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links —Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.🌱 Soybean Export InspectionsUS soybean shipments disappointed again last week. Export inspections came in near the low end of expectations, with shipments well below both last week and last year. China was barely present, accounting for only a small share of total inspections. On a marketing-year basis, soybean shipments continue to lag badly compared to last year.🌽 Corn & Wheat ShipmentsCorn inspections beat expectations, even though they slipped from the prior week. Compared to last year, corn shipments remain strong and well ahead on a cumulative basis. Wheat inspections also topped estimates, though they were sharply lower week-to-week and modestly below last year’s pace.🚢 Flash Sale & Export SalesUSDA reported a flash sale of soybeans to Egypt early this week. Despite that sale, total accumulated soybean sales for the marketing year remain significantly behind last year, reinforcing ongoing demand concerns.🌎 China Shifts Away from US AgChina continues pouring money into Latin American ports, railways, and logistics. These investments are designed to lock in cheaper, faster access to South American ag products—especially soybeans. With Chinese involvement now spread across dozens of ports, global trade flows are shifting in a way that may be extremely difficult for the US to reverse, even if trade relations improve.📉 Grain Futures SlideCorn futures dropped sharply on Monday amid speculation that China could release domestic grain reserves, potentially displacing corn with older wheat in feed rations. Soybeans followed lower, pressured by weak export demand and ongoing global competition. Wheat futures also finished the day in the red.🥩 Beef Market OutlookBeef prices could stay elevated as Brazilian cattle production slows. Brazil is entering a contraction phase as producers retain heifers, while the US cattle herd remains at its smallest level in decades. Even with lower production, Brazil is still expected to remain the world’s top beef exporter.🪙 Silver Takes a HitSilver prices saw a massive one-day sell-off after Friday’s historic rally. The drop was driven by profit-taking and technical pressure rather than a fundamental shift. Despite the sharp decline, silver remains dramatically higher on the year, with volatility still front and center.