
Oilseed prices have fallen to their lowest levels in months, pressured by Chinese tariffs on Canadian canola and the absence of US soybean exports to China. Uncertainty over US biofuel policy is also weighing on the market.
Canada reported constructive dialogue with China but no trade breakthrough.
Lack of Chinese demand for North American oilseeds and biofuel policy uncertainty keep downward pressure on oilseed and meal prices, lowering feed input costs for buyers.
Not enough comparable past events yet for a historical read.
After 803 past bearish trade events, Soybeans 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, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% 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.