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CBOT May soybeans settled down 12.5 cents at $9.99 per bushel, the lowest since late December. Soymeal and soyoil also fell as US tariffs on Mexico, Canada and China escalated and Argentine rains improved soil moisture.
Retaliatory tariffs threaten US soy export demand while improved South American crop prospects add supply, pressuring soybean and meal prices.
tradingview.comMar 4, 2025After 803 past bearish trade events, SOY moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
After 384 past bearish trade events, SBM moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.
After 152 past bearish trade events, SBO moved a median -0.2% over 5 sessions (47% higher; middle half -2.1% to +2.1%), and -0.1% 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.
It describes soyoil falling with soybeans as US tariffs on Mexico, Canada and China escalated and Argentine rains improved supply prospects; it is dated 03-04, so it may describe the following session, but the drivers overlap.
