
CBOT soybean futures fell to one-week lows on June 12 as domestic cash bids were lowered, export sales hit a marketing-year low, and traders worried about the size of coming US biofuel mandates. USDA left its soybean inventory forecasts unchanged.
Soyoil fell on uncertainty about biodiesel demand.
Weak cash bids and export sales signal softer near-term demand, while uncertainty over biofuel mandates pressures soyoil and the crush margin that produces meal for feed.
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.