Cargando…
July soybean meal closed up $6.80 at $432.90 in the week ended May 12, 2023, despite July soybeans hitting their lowest close since August 2022 and July soybean oil falling below 50 cents. Meal prices held up on Argentina's drought, as the Rosario exchange cut its Argentine soybean crop estimate to 21.5 mmt, the smallest in 23 years.
Argentina's drought-reduced crush supply supports meal prices even as soybeans and oil weaken, so feed buyers face firmer meal costs despite the broader grain selloff.
dtnpf.comTodd Hultman15 may 2023Tras 453 eventos alcista de clima pasados, Harina de soja se movió una mediana de +0,5 % en 5 sesiones (55% al alza; mitad central entre -1,6 % y +2,7 %), y +0,5 % en 20.
Tras 363 eventos bajista de clima pasados, Soja se movió una mediana de -0,6 % en 5 sesiones (42% al alza; mitad central entre -2,5 % y +1,1 %), y -0,2 % en 20.
Tras 49 eventos bajista de clima pasados, Aceite de soja se movió una mediana de -0,5 % en 5 sesiones (43% al alza; mitad central entre -3,2 % y +1,0 %), y -0,3 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
July soybean oil fell below 50 cents in the week ended May 12 as soybeans hit their lowest close since August 2022, confirming the weakness in the move window.
July soybeans hit their lowest close since August 2022 in the week to May 12 despite meal support from Argentina's drought.
