
Argentine soybean sales reached 24% of the 49 million tonne 2024/25 crop, the slowest pace in 11 years, despite eased exchange controls. Overnight CBOT moves showed soybeans down 8 1/4 cents, soymeal down $1.90 and soyoil down 0.17 cents, with wheat and corn also weaker on the week.
Slow Argentine farmer selling tightens near-term export availability of soybean meal and oil, which could support meal prices, though weekly CBOT declines limit the upside.
After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.
After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.
After 81 past neutral trade events, Soybean Oil moved a median +0.3% over 5 sessions (56% higher; middle half -1.6% to +1.8%), and +0.9% over 20.
After 158 past bearish trade events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.3% to +0.8%), and -1.4% over 20.
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.