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Soybean prices rose across the complex, with October meal reaching a two-year high on flash sales to Europe and October oil at new weekly highs. USDA reported flash sales of 182,000 mt to China and 100,000 tons of meal each to Germany and the Netherlands.
Crush margins widened to $2.46 1/2 per bushel.
Strong export demand and wide crush margins pull soybeans and meal higher, tightening nearby meal supplies for feed buyers while Chinese purchases limit US yield slack.
agupdate.comAug 28, 2026After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.
After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.
After 224 past bullish trade events, Soybean Oil 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.
October soyoil hit new weekly highs on Aug 28 with strong complex demand and wider crush margins.
