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An article on world soybean stockpiles reports that global ending stocks were cut from last month's level due to stronger consumption in China and Argentina. The resulting stocks would still be up nearly 8% year on year.
Lower global stocks from stronger demand are supportive for soybean and meal prices, though the remaining year-on-year gain limits the upside.
agupdate.comMar 31, 2025After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% 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.
