
US soybean futures fell about 6% in the first week of June, from $11.95 to $11.22 on the Chicago contract, with Gulf export spot prices falling in parallel. Strong US crop prospects, a robust jobs report lifting rate-hike expectations, and a lack of confirmed China buying drove the decline.
Strong US supply prospects and weak demand signals cap soybean prices, and a firmer dollar reduces export competitiveness and pressures meal and oil values.
Not enough comparable past events yet for a historical read.
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.