
Soybean futures fell 17 to 19 cents on Thursday despite a USDA-reported 111,000 MT private export sale to China. Soymeal dropped $14 to $15.70 and soy oil fell 90 to 100 points as the oilseed complex weakened.
Export sales provide some demand support, but the broader risk-off move in meal and oil keeps near-term price pressure on the complex.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Reports of soymeal dropping $14 to $15.70 as the oilseed complex weakened describe a sharp decline in meal, consistent with the -3% move, though its date (Sept 18) and the Thursday reference are inconsistent with a Sept 17 drop.