
CBOT November soybeans fell to their lowest since April, ending down 6.5 cents at $9.89-1/4 a bushel. Soymeal also set contract lows amid ample US supplies, while USDA reported weekly export sales above trade estimates for 2024-25.
Weak Chinese demand during the peak US marketing season and favorable crop weather keep soybean and soymeal prices under pressure, lowering feed ingredient costs for buyers.
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.