
Soybeans closed lower on June 26 as soymeal futures fell to their lowest front-month prices since 2016. Export sales for the week ending June 19 totaled 402,931 MT of 2024/25 soybeans, and a private sale of 110,000 MT went to Egypt.
Datagro raised its Brazilian crop estimate to 173.5 MMT.
Meal weakness drags soybean values lower, while steady export demand provides some support. A larger Brazilian crop adds to global supply pressure.
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.