
US soybean prices fell 2.27% week on week on strong crop ratings and a well-supplied global market. Brazilian prices rose 2.56% in line with US futures, though farmer selling is slow.
Venezuela plans an 8% tariff on Brazilian soybeans, and Argentine prices are flat as farmers hold stocks after export tax cuts.
Excellent US crop ratings and ample supply weigh on soybean futures, while the proposed Venezuelan tariff threatens Brazilian export demand at the margin.
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.