Soybeans were near unchanged on June 26 as soymeal futures fell further to their lowest front-month levels since 2016. Export sales for the week ending June 19 were 402,931 MT, and the June Acreage report was due Monday with trade expecting 83.5 million acres.
Soy oil rose.
Persistent meal weakness pressures the soybean complex, while soyoil gains reflect firmer vegetable oil demand. The acreage report is a key near-term catalyst.
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.