
Basis bids for barge-delivered soybeans at US Gulf terminals declined, while CBOT soybeans closed slightly higher on trade-deal hopes despite weak weekly export sales. August soybean meal fell $2.30 to $279.70 per short ton, and soybean oil futures were mixed.
Routine price moves in soybean meal and oil reflect weak export demand and ample supply, which keeps feed meal values under pressure 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.