
Chicago soybean prices are at their lowest level in a long time as the US harvest progresses well. China is buying very little from North America but has bought Argentine soybeans while Argentina's export tax was temporarily lifted.
Rapeseed and sunflower meal prices are also weak, and soybean hull pellet prices are unusually high.
Ample US and Argentine supply and weak Chinese demand keep soybean and meal prices under pressure, while the EU postponement of the deforestation rule weighs on non-GMO rapeseed meal.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.