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Soybean meal fell for a fourth consecutive month on the CBOT in May, with prices down 1.3% in April and 1% in early May. Brazilian and Argentine supplies were ample, and crushing rose in Brazil, Argentina and the US.
Soybean oil rose 11.5% in April on expectations of US biofuel policy news.
Heavy crush across major origins keeps meal supply high and prices weak. Soyoil strength tied to biofuel policy is shifting crush economics.
mmcereais.com.brJun 9, 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.
