Loading…
Iowa Soybean Association farmer-members toured Lock and Dam No. 19 near Keokuk during the group's District 9 meeting. Directors discussed the infrastructure that moves soybeans and other commodities to customers worldwide.
The meeting is an advocacy and educational event with no new supply, demand or freight change, so it has little direct price effect.
iasoybeans.comIowa Soybean AssociationAug 4, 2022Not enough comparable past events yet for a historical read.
After 1,054 past logistics events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.5% to +1.5%), and -0.0% over 20.
After 837 past logistics events, Soybeans moved a median +0.4% over 5 sessions (55% higher; middle half -1.5% to +2.0%), and +0.6% 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.
