Argentine soybean crushing reached 3.90 million tons in August, 20.8% above August 2024, according to official data. The imported share of crush fell to 10.0% from 17.2% a year earlier, and imports came almost entirely from Paraguay.
Stronger crush demand supports domestic soybean use and the meal and oil output that follows. Recovering oil and meal prices improved processing margins, which supports bean prices.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
After 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), 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.