
Soymeal futures fell as traders expect a large South American crop, with Argentina's planting progressing and favorable rains forecast. Analysts see a big meal export supply from Argentina next year.
Expectations of heavy Argentine meal exports weigh on CBOT soymeal values and global meal prices. Feed buyers may see softer meal offers into early 2026.
After 118 past bearish weather events, Soybean Meal moved a median -0.8% over 5 sessions (35% higher; middle half -3.2% to +0.4%), and -1.6% over 20.
After 363 past bearish weather events, Soybeans moved a median -0.6% over 5 sessions (42% higher; middle half -2.5% to +1.1%), and -0.2% over 20.
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.