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Nebraska farmers and agronomists described 2023 soybean problems, including drought-stressed dryland fields with very small beans and white mold and insect pressure. Some of these problems may carry over into the 2024 season.
Lingering disease and insect risk could affect next season's soybean yields, which is a modest supportive factor for soybean prices.
After 12 past bullish disease events, SOY moved a median -0.5% over 5 sessions (42% higher; middle half -1.6% to +0.1%), and +0.5% 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.