
Soybean futures fell to their lowest level in a decade as the escalating US-China trade war reduced hopes that China would resume buying American soybeans. The market is also dealing with an existing supply glut.
Loss of expected Chinese import demand adds to excess supply, pressuring US soybean and soymeal prices lower. Feed buyers may see cheaper protein supplies in the near term.
Tras 803 eventos bajista de comercio pasados, Soja se movió una mediana de +0,0 % en 5 sesiones (51% al alza; mitad central entre -1,7 % y +1,7 %), y +0,9 % en 20.
Tras 384 eventos bajista de comercio pasados, Harina de soja se movió una mediana de -0,2 % en 5 sesiones (47% al alza; mitad central entre -1,7 % y +1,6 %), y -0,5 % 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.
Soybean futures hit decade lows on 2019-05-13 as the escalating trade war cut hopes of Chinese buying, directly pressuring meal alongside beans.
Soybean futures fell to decade lows on May 13 as the trade war cut hopes of Chinese buying, with meal following beans.
Soybeans hit a decade low on May 13 on the escalating US-China trade war, a sentiment driver that set up the volatile move.