Key Takeaways:

China's rise to become the world's largest soybean importer reshaped global trade flows, but recent trade tensions have reduced its share of U.S. soybean exports. U.S. soybean exports have become increasingly diversified as exporters expanded sales to multiple emerging markets to offset reduced Chinese demand. Egypt has emerged as one of the fastest-growing destinations for U.S. soybeans, supported by expanding feed demand and a clear preference for high-protein soybean supplies. Southeast Asia has become a major growth market as livestock production, aquaculture output, and soybean crushing capacity continue to expand, boosting demand for both soymeal and whole soybeans. Mexico remains a cornerstone of U.S. soybean demand,...