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Soybeans closed mixed on March 26, with nearby contracts slightly lower and some new-crop months higher. Soymeal fell while soyoil rose, and traders awaited weekly export sales and the March 31 Grain Stocks report.
ANEC estimated Brazil's March soybean exports at 15.56 MMT.
Routine price moves with no new cause; Brazil's large expected March exports are a modest bearish factor for US export competitiveness.
cmegroup.comMar 27, 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.
CME commentary describes a steep soyoil-led rally in the days before March 31, directly reflecting the price move through biofuel-driven demand sentiment.
Soyoil was already rallying strongly in late March, with soyoil rising on March 26 while meal fell, showing momentum and biofuel-driven strength heading into the March 31 move.
