Chicago soybean futures hit their highest since mid-2024

After 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.

• Oct 22, 2020U.S. soy futures firm to highest since 2016, corn hits 14-1/2-month high-1.4%
• Dec 26, 2019U.S. soybean futures reach highest price since June 2018 | Financial Post+0.8%
• Jul 27, 2018Soybean Futures Close Higher on Signs of Demand+2.5%
• Aug 28, 2026Soybean futures hit contract highs on Chinese demand By Investing.com+4.0%
• Oct 3, 2019Soybean Futures Bounce Back After China Restarts Purchases+1.1%

After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% over 20.

• Jan 25, 2019China's 2018 soybean imports from U.S. hit lowest since 2008-0.7%
• Feb 1, 2019Soybean Futures Rise on China Purchase Plans - WSJ-1.5%
• Sep 27, 2024China's oil mills realised most of their soybean meal stocks+2.7%
• Sep 12, 2019Ahead of trade talks, China makes biggest US soybean purchases since June, traders say+0.7%
• May 20, 2024US Soybean Prices Higher in Spite of Tariff Concerns+3.9%