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Soybean futures have held up better than expected despite record South American output and the tariff dispute with China. For the week ending April 25, July soybeans gained 11.5 cents and soybean oil rallied 147 points, while corn and wheat fell.
Cumulative US soybean export sales were running 13% ahead of last year.
Strong export sales and a technical breakout support soybean prices despite bearish supply factors. Buyers should expect firm soy complex prices in the near term, with soyoil strength supporting oilseed meal economics.
agweb.comApr 25, 2025Not 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.
