4 Factors Affecting Soybean Futures in August

After 324 past neutral weather events, Soybeans moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), and +0.7% over 20.

• Jul 31, 2024The status of the Midwest and U.S. soybean crop heading into August — AgVenture WSC+0.1%
• Jun 15, 2026Storms, flooding, hail test U.S. corn and soybean farmers+0.2%
• Apr 21, 2022Moisture vs. Drought in Corn, Soybean States-1.2%
• Jun 29, 2023Soybean Production and Demand Are Up in the Air+5.2%
• Dec 12, 2022Brazil producers hope for rain as soybean planting nears end-0.3%

After 55 past neutral weather events, Soybean Meal moved a median -0.1% over 5 sessions (47% higher; middle half -1.7% to +1.5%), and +0.1% over 20.

• Jul 31, 2024The status of the Midwest and U.S. soybean crop heading into August — AgVenture WSC-1.0%
• Nov 7, 2018Ocean Shock: Fishmeal factories plunder Africa-2.4%
• Jan 27, 2022Soybean Oil/Soybean Meal Yield Linked to Temperatures+7.8%
• Sep 25, 2018Drought affects supplemental feed supply in Australia | Feed Strategy+1.9%
• Dec 26, 2022Dry Conditions Slow Soybean Planting in Rio Grande do Sul, Brazil+5.7%