The U.S. is coming off one of its worst soybean export seasons in recent memory. Shipments during the season rivaled those from a few years ago when the U.S. and China were locked in a trade war. Export sales for 2024-2025 began on September 1 and have been stronger than average over the past months as China stepped into the market to make purchases. XM Dot Com says two weeks into the marketing year, overall soy sales were at five-year lows and five percent below this time last year. Brazil, one of the top competitors of the U.S. in the world soy market, doesn’t have as many soybeans to export this year, and America’s soybeans have recently been more price-competitive. However, for the third straight year, logistics are getting disrupted by low water levels on the Mississippi River, restricting the movement of grain to the busiest export hub in the U.S.