
Soybeans opened lower on Monday after Friday gains, with September up 51 1/4 cents on the week. Managed money added 46,592 contracts to its net long, and Reuters reported the White House is considering a 500 million gallon increase in 2027 biofuel quotas, not yet announced.
Potential biofuel quota increases would boost demand for soybean oil, supporting crush economics and meal supply, though the policy remains unconfirmed.
After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.
After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
After 206 past neutral policy events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% 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.
Reports of a possible 500 million gallon increase in 2027 biofuel quotas and fund buying added bullish sentiment for soyoil.