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Grains closed lower for the week, with December corn down 2 cents and November soybeans down 12 cents. Argentina dropped its export taxes on soybeans and corn, and China reportedly bought about 40 cargoes of Argentine soybeans instead of US beans.
Argentina's tax removal and China's shift to Argentine supply reduce demand for US soybeans and raise competition in export markets, pressuring soybean prices and soymeal.
agweb.comMichelle RookSep 27, 2025After 803 past bearish trade events, SOY moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
After 384 past bearish trade events, SBM moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.
After 683 past bearish trade events, CORN moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% 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.
