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Brazilian soybean meal fell as the weaker real pressured prices and Brazil ramped up soymeal output. Cheap palm oil weighed on oilseeds, and IGC raised its forecast for the Canadian canola crop.
Ukrainian sunflower seeds also came under pressure.
Heavier Brazilian crush and a bigger Canadian canola crop add meal supply, while cheap palm oil and a weaker real pressure vegetable oil and meal values.
mundus-agri.deOct 29, 2026After 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.
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.
After 51 past bearish macro events, Palm Oil moved a median -1.3% over 5 sessions (35% higher; middle half -4.1% to +1.1%), and -1.8% over 20.
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.
