Early Thursday trade showed November soybeans down 8.5 cents, with December soybean meal down $1.70 and soybean oil lower. Crude oil weakness pressured the soy complex, and reports that Russia had opened the Sea of Azov to shipments also weighed on sentiment.
Lower crude weakens soybean oil's biofuel pull and reduces soy complex values, while Russian Black Sea access adds wheat and corn export supply.
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.
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.