Argentine soybean sales accelerated after a sharp rally driven by Chinese demand for US beans and concern over the US crop. Traded volume reached 1.03 million tons in the week to September 2, the largest since late July.
Firm Chinese buying and a deteriorating US crop support soybean prices, especially ahead of a Trump-Xi meeting that could affect tariffs. Oil strength linked to US-Iran tensions also supports soyoil.
After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.
After 224 past bullish trade events, Soybean Oil moved a median +0.4% over 5 sessions (54% higher; middle half -1.5% to +2.1%), and -0.5% over 20.
After 36 past bullish trade events, Crude Oil (WTI) moved a median +1.6% over 5 sessions (69% higher; middle half -2.0% to +4.5%), and +0.7% 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.