CBOT soybean futures rose on higher crude oil tied to the Iran war and stronger crush margins, with July beans settling at $11.97 per bushel. Oil jumped more than 6% to its highest in nearly a month after US-Iran negotiations stalled, while July soymeal fell $3.60 to $323.80 per short ton.
Crude-driven gains in soyoil and crush margins lift soybean values, while the meal decline offers feed buyers slightly cheaper protein.
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.
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.