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US soybean crush is at record levels, with NOPA reporting 205 million bushels in August, up 8.2% year on year. The USDA rates the US crop at 58% good or excellent.
Chicago futures held in a range of $13 to $13.40 a bushel, above last year's levels.
Strong domestic crush and export demand provide solid support for soybean and soybean oil prices, though growing global supplies limit gains.
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.