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An Investing.com overview says US soybean production for 2024/25 was cut to 4.366 billion bushels in the January WASDE, with yield down 1.0 bushel to 50.7 per acre. Ending stocks were reduced by 90 million bushels to 380 million.
A tighter US soybean supply supports domestic prices and crush margins, which in turn affects soybean meal availability for feed buyers.
investing.comJan 29, 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.
