
Paradigm Futures summarized the USDA FAS Buenos Aires update, citing a 48 MMT soybean crop and a crush forecast of 43 MMT. It noted that February rains stabilized yields, and that sunflower fundamentals are at record levels while peanut area has dropped sharply.
The analysis confirms that Argentine crush demand remains firm, which supports meal demand. The sunflower outlook adds competing supply in the vegetable meal and oil markets.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% over 20.
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.