【期货热点追踪】中国采购减少，巴西竞争加剧，美国大豆2025-26年度出口前景如何？就目前的情况来看，USDA预期目标能否实现？

Core Insights - The article discusses the impact of reduced Chinese purchasing and increased competition from Brazil on the export outlook for U.S. soybeans in the 2025-26 marketing year [1] Group 1: Market Dynamics - China's reduction in soybean purchases is a significant factor affecting U.S. export forecasts [1] - Brazilian competition is intensifying, which may further challenge U.S. market share in soybean exports [1] Group 2: USDA Projections - The USDA's expectations for U.S. soybean export targets may be difficult to achieve under current market conditions [1]