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An analyst column on June 24 says soybean futures reached an eight-month high on small crop rating declines and proposed higher biofuel mandates. Brazil and Argentina harvested large crops, and China's demand has shifted to Brazil.
The column advises farmers to watch for signs of a price peak and consider price protection.
Biofuel mandate support is offsetting record-large South American supply, so soybean prices may be near a high, and feed buyers should weigh hedging against a potential reversal.
tradingview.comJun 12, 2025Not 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.
