Mysteel soybean and relatives market daily: DCE soybean meal dips and recovers; DCE soybean meal sees tug-of-war at low levels

After 117 past bearish macro events, Soybean Meal moved a median -0.6% over 5 sessions (41% higher; middle half -2.5% to +1.7%), and +0.5% over 20.

• Jan 28, 2020Soybean market looking for good news | An official publication of Michigan Farm Bureau-2.7%
• Dec 18, 2024Brazil's real hits record low as markets eye govt spending | Reuters+1.6%
• Aug 21, 2023Soybean meal in Russia has risen in price against the background of the weakening of the ruble+2.6%
• Oct 29, 2026Brazil soybean meal prices post sharpest daily drop since April after presidential election | World Ports Organization-3.3%
• Oct 28, 2026Sharp decline in Brazilian real boosts competitiveness of soybean meal exports-3.8%

After 301 past bullish macro events, Brazilian Real (BRL per USD) moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.7%), and +1.0% over 20.

• Sep 23, 2024Dollar rises more than 1% at the start of a week marked by inflation data in Brazil and the US | Brasil 247-1.1%
• Dec 18, 2024Brazil's real hits record low as markets eye govt spending | Reuters+1.3%
• Jan 22, 2021Latam FX falls as dollar rises, Brazil real lags peers for the week - Markets - Business Recorder+0.4%
• Mar 22, 2021Turkey shock waves hit Latam markets, Mexican peso slides 1pc - Markets - Business Recorder+4.4%
• Oct 26, 2026Elections in Brazil: Lula returns to power, markets react with panic. Brazilian ETF loses nearly 15% in Tokyo. What about USDBRL, soybeans, sugar, BRAComp, and ETFs?+7.6%

After 169 past neutral macro events, Chinese Yuan (CNY per USD) moved a median +0.0% over 5 sessions (50% higher; middle half -0.3% to +0.2%), and -0.0% over 20.

• Nov 19, 2024Yuan steadies at 3-1/2-mth low on firmer-than-expected fix, tighter offshore conditions - Markets - Business Recorder+0.0%
• Apr 28, 2026China's yuan steady as traders await Fed meet - Markets - Business Recorder+0.1%
• Feb 1, 2023China’s yuan steadies ahead of Fed decision - Markets - Business Recorder+0.5%
• Oct 22, 2021China's yuan eases after regulator warn of possible actions to counter higher fluctuations - Markets - Business Recorder-0.0%
• Nov 4, 2024Yuan bounces as traders brace for US election volatility - Markets - Business Recorder+0.8%