
The protein market is stabilizing but remains nervous over geopolitics, weather, and tariff uncertainty. Previously announced US tariffs have been postponed by 90 days except for China, which is now focused on buying Brazilian soybeans.
Argentina's soybean harvest has started with improved crop condition, and Western European soybean meal supply is at a reasonable level.
Tariff clarity and China's concentrated Brazilian buying will determine soybean meal and rapeseed meal flows, and until policy is settled, meal prices are likely to stay volatile.
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.
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.