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Worst drought in decades cuts Argentina's soy crop sharply; world's top soymeal exporter imports beans.
WikipediaAfter 639 past weather events, Soybean Meal moved a median +0.0% over 5 sessions (51% higher; middle half -1.9% to +2.3%), and -0.0% over 20.
After 1,964 past weather events, Soybeans moved a median +0.1% over 5 sessions (51% higher; middle half -1.7% to +1.8%), and +0.3% over 20.
After 253 past weather events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -2.0% to +2.4%), and -0.3% over 20.
After 2,467 past weather events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.5% to +1.7%), and +0.6% over 20.
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.
