
The Michigan Advanced Biofuels Coalition reports soybean growers and biofuel producers faced tariff uncertainty, the China trade dispute, declining commodity prices and rising input costs. It says proposed federal biofuel policy may be a turning point, and Iowa biodiesel and soy officials describe basis pressure tied to trade uncertainty.
Trade disputes with China weigh on soybean basis and export demand, while proposed biofuel policy could restore domestic crush demand and support prices.
After 803 past bearish trade events, SOY moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
After 224 past bullish trade events, SBO moved a median +0.4% over 5 sessions (54% higher; middle half -1.5% to +2.1%), 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.