Soymeal futures export shipment data from the USDA

Export shipment data from the USDA showed weekly soymeal exports rising by 5% compared to last week, supporting near-term demand outlook. Futures responded with a brief rally before profit-taking pulled prices slightly lower into the close. Following Secretary Bessent mentioning there would be news on Tuesday, likely implying a potential trade aide for producers, a Wall Street Journal report indicated the White House is looking for an aide package in the $10-14 billion range. No specifics were given. As a columnist for Reuters, Karen focuses on all aspects of the global agriculture markets with a primary focus in grains and oilseeds. Karen comes from a strong science background and has a passion for data, statistics, and charts, and she uses them to add context to whatever hot topic is driving the markets. Karen holds degrees in meteorology and sometimes features that expertise in her columns. Follow her on Twitter @kannbwx for her market insights. Soymeal futures opened higher in early Chicago Board of Trade action, boosted by stronger-than-expected export sales to Southeast Asia. Contracts for May delivery rose 0.8%, as tight global supply continues to underpin sentiment in the feed market.