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Soybean futures held above $11 per bushel, near their highest since July 2024, after a USDA update cut world 2025/26 production by 4.1 million tons. China has bought only 332,000 metric tons of U.S. soybeans against a 12 million ton pledge.
Lower global output and stocks support prices, but slow Chinese purchases cap gains and keep demand uncertainty in the market.
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.